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Why did Robert Fico veto the new EU sanctions on Russia? Money is key
euronews (in English)
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01/07/2025
Why did Robert Fico veto the new EU sanctions on Russia? Money is key
Robert Fico's decision to veto the new package of EU sanctions against Russia has a lot to do with financial compensation. Here's why.
READ MORE : http://www.euronews.com/2025/06/27/why-did-robert-fico-veto-the-new-eu-sanctions-on-russia-money-is-key
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00:00
The 18th package of sanctions against Russia is still at a standstill.
00:08
European leaders failed on Friday to unanimously adopt new sanctions against Moscow, following a veto by Slovakia.
00:15
Prime Minister Robert Fico's opposition has nothing to do with the sanctions themselves.
00:20
Instead, Bratislava is hoping to obtain concessions from Brussels on the Repower EU plan.
00:26
Musím zdôrazniť, že ide o mimoriadne vážny návrh Európskej komisie, ktorý bude mať mimoriadne negatívny dopad tak na ceny plynu na Slovensku,
00:37
či už pre domácnosti alebo pre priemysel, ale bude viesť určite aj k zniženiu konkurencieschopnosti celej Európskej únie.
00:56
It depends a little bit on the specific provisions of this import contract,
01:02
but generally speaking, once there is a sanction, a ban on certain imports,
01:08
then the contractual parties can declare force majeure
01:12
and decline to pay for the volumes that were originally contract.
01:22
Slovakia and Hungary are the two EU countries that continue to import Russian oil and gas via pipeline.
01:29
However, ten European countries, including Belgium, France and Spain,
01:33
still buy liquefied natural gas from Russia.
01:37
Negotiations on the 18th sanctions package are still underway.
01:40
A meeting between the European Commission and Slovakia is scheduled for this week
01:45
to find the way out of the stalemate.
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