Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessCould Russia and EU ties end soon?

Could Russia and EU ties end soon?

Add to Favorite
Added to Favorite

 

 

On Friday, a fragment of an interview published on Russia’s foreign ministry website, indicated that Russia is ready to cut ties with its immediate neighbors, the European Union. Relations between the countries in the continent have been simmering from centuries. Russia and the E.U. have had a relationship of mutual convenience on and off but now there’s a chill, once again, in the ties between these two super powers.

 

Russia’s Foreign Affairs Minister Sergey Lavrov was asked if Russia was moving away from ties with the European Union. He replied that they were ready for it if sanctions were applied in specific sectors that could create risks for their economy, according to Reuters’ translation of comments.

 

Last week Josep Borrell, EU’s foreign policy chief, visited Russia to speak of the EU’s opposition to Russia’s arrest of Alexei Navalny, who is a strong critic of Vladimir Putin, the Russian President. However, it was a humiliating trip for Borrell as Russia conducted “an aggressively-staged press conference.”

 

Foreign minister Lavrov told the press that the E.U. was not a reliable partner, at least at the current stage. Borrell did not reply to this accusation angering a few European lawmakers. He also came to know through Twitter that three E.U. diplomats had been expelled as they had attended demonstrations in support of Navalny. He got the news when he was at a meeting with Lavrov.

 

After returning form his ill-favored trip he wrote a blog post condemning the press conference and the expulsions. He spoke of lack of constructive action among the Russian authorities and also spoke of sanctions on Russia.

 

Fresh sanctions would require approval by European governments. Russia has faced sanctions before especially in 2014, during the Crimean annexation. Since Russian and the E.U. share borders, economic, energy and strategic interests, they finally reach agreements, despite escalating tensions and disputes.

 

Analysts say that this latest round of tension could jeopardize the Nord Stream 2 – the gas pipeline that is in the process of construction between Russia and Germany. The project has already faced criticism and sanctions from the U.S. and other countries.

 

 

Subscribe to get Latest News Updates

Latest News

You may like more
more

Advance Auto Parts Downgraded to Sell Amid Earnings Miss and Weak Outlook

CFRA analysts downgraded Advance Auto Parts (NYSE:AAP) from Hold...

Guggenheim Reiterates Buy Rating on Cabaletta Bio Amid Promising Data

Guggenheim analysts reaffirmed a Buy rating and a $23...

Goldman Sachs Initiates Neutral Coverage on Doximity, Highlights Balanced Growth Potential

Goldman Sachs analysts initiated coverage on Doximity (NYSE:DOCS) with...

JPMorgan Downgrades bluebird bio to Underweight Following Q3 Results

JPMorgan analysts downgraded bluebird bio (NASDAQ:BLUE) from Neutral to...