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Michel & VdL, Scholz Hold Pressers Following EUCO Meeting

EUROPEAN COUNCIL

European Council President Charles Michel and Commission President Ursula von der Leyen currently delivering presser following the conclusion of the EUCO special meeting in Brussels.

  • Livestream: https://audiovisual.ec.europa.eu/en/ebs/live/1
  • Von der Leyen says EU looking to set up task force for joint gas purchases. - Q1 non-Russian LNG delivieries have doubled. - "Last night we agreed to ban, de facto, the import of 90% of Russian oil into the EU, which will be effective by the end of the year. Russia has halted supply to five member countries: Finland, Bulgaria, Poland, the Netherlands and Denmark."
German Chancellor Olaf Scholz also delivering presser (livestream: https://www.tagesschau.de/multimedia/livestreams/l...)
  • Politico: "Chancellor Olaf Scholz said Germany will implement "Ringtausch" tank swap with Greece, which will deliver older Soviet-era tanks to Ukraine and get modern German infantry fighting vehicles as replacement. Scholz said he also spoke with Polish PM to enable such a deal"
  • Scholz: "Germany and Poland will sustain efforts to phase out Russian oil imports by year-end".
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