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WSJ-No Weekend Perm Rep Meeting To Discuss Russia Oil Embargo

EU

Following on from our 0947BST bullet regarding difficulties EU is having in enacting an oil embargo on Russia, Laurence Norman at the WSJ tweets a downbeat assessment of the prospect of a deal being agreed to over the weekend, or even on Monday:

  • "No sign of any Coreper on Russia sanctions over the weekend, says a senior EU diplomat. Person very much doubts if it remains stuck by Monday's EU foreign affairs meeting, the issue will be resolved on Monday."
  • EU will be keen to get a new package of sanctions in relatively quickly. The next major EU meeting comes 30-31 May with a special European Council summit bringing member state leaders to Brussels. EU unlikely to want to wait two weeks until leaders can confront Hungary's Viktor Orban in person over his obstruction of the oil embargo.
  • As such, could require its jettisoning in order to pass the latest package of sanctions on Russia.
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