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EU sanctions

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Europe: Slovakia ties support for EU sanctions on Russia to long-term gas deal extension

Slovak Prime Minister Robert Fico has stated that Slovakia will only lift its veto on the European Union’s eighteenth sanctions package against Russia if...

Hungary: New package of sanctions against Russia won’t affect NPP Paks 2 project 

The Hungarian authorities have ensured that the 14th package of EU sanctions against Russia won’t affect the construction of the Paks-2 nuclear power plant,...

EU: Germany blocks sanctions on Russian gas

EU countries had been close to a deal targeting liquefied natural gas but talks fell apart at the last minute. European Union countries failed to agree...

Bulgaria to end Russian oil imports from March

Bulgarian lawmakers decided to end imports of Russian crude starting from March, following Lukoil's statement that it may sell Bulgarian assets due to unfair...

Bulgaria: Lukoil has to pay 750 million euros in taxes

Prime Minister Nikolay Denkov said that Lukoil would have to pay over 250 million euros in taxes, or otherwise Bulgaria will lift the exemption...

North Macedonia, The sanctions against Russia will be implemented by the country as well

North Macedonian Minister of Economy Kreshnik Bekteshi said that the sanctions against Russia announced by the European Union will be implemented by the country...

Latest news

Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...