Why did Robert Fico veto the new EU sanctions on Russia? Money is key

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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  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00The 18th package of sanctions against Russia is still at a standstill.

00:08European leaders failed on Friday to unanimously adopt new sanctions against Moscow, following a veto by Slovakia.

00:15Prime Minister Robert Fico's opposition has nothing to do with the sanctions themselves.

00:20Instead, Bratislava is hoping to obtain concessions from Brussels on the Repower EU plan.

00:26Musím zdôrazniť, že ide o mimoriadne vážny návrh Európskej komisie, ktorý bude mať mimoriadne negatívny dopad tak na ceny plynu na Slovensku,

00:37či už pre domácnosti alebo pre priemysel, ale bude viesť určite aj k zniženiu konkurencieschopnosti celej Európskej únie.

00:56It depends a little bit on the specific provisions of this import contract,

01:02but generally speaking, once there is a sanction, a ban on certain imports,

01:08then the contractual parties can declare force majeure

01:12and decline to pay for the volumes that were originally contract.

01:22Slovakia and Hungary are the two EU countries that continue to import Russian oil and gas via pipeline.

01:29However, ten European countries, including Belgium, France and Spain,

01:33still buy liquefied natural gas from Russia.

01:37Negotiations on the 18th sanctions package are still underway.

01:40A meeting between the European Commission and Slovakia is scheduled for this week

01:45to find the way out of the stalemate.

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