Berliner Boersenzeitung - European countries threaten to ramp up Russia sanctions

EUR -
AED 4.176264
AFN 79.390778
ALL 98.193331
AMD 435.359105
ANG 2.034873
AOA 1043.206027
ARS 1289.7675
AUD 1.750315
AWG 2.048029
AZN 1.937421
BAM 1.956066
BBD 2.291911
BDT 138.25877
BGN 1.95741
BHD 0.428558
BIF 3378.258635
BMD 1.137004
BND 1.460198
BOB 7.844065
BRL 6.420327
BSD 1.135154
BTN 96.761136
BWP 15.237069
BYN 3.714804
BYR 22285.28547
BZD 2.28011
CAD 1.561847
CDF 3257.517905
CHF 0.934014
CLF 0.027894
CLP 1070.435323
CNY 8.191325
CNH 8.155272
COP 4741.443703
CRC 577.378385
CUC 1.137004
CUP 30.130616
CVE 110.279972
CZK 24.862424
DJF 202.137442
DKK 7.464552
DOP 67.039101
DZD 150.321408
EGP 56.7187
ERN 17.055065
ETB 153.667162
FJD 2.560311
FKP 0.841706
GBP 0.840017
GEL 3.115836
GGP 0.841706
GHS 12.542703
GIP 0.841706
GMD 81.864718
GNF 9833.334982
GTQ 8.713183
GYD 237.482241
HKD 8.905683
HNL 29.547011
HRK 7.538002
HTG 148.530165
HUF 403.94398
IDR 18472.057095
ILS 4.107968
IMP 0.841706
INR 96.806883
IQD 1487.001877
IRR 47896.309096
ISK 145.150415
JEP 0.841706
JMD 180.384489
JOD 0.806181
JPY 162.103149
KES 146.699916
KGS 99.431468
KHR 4543.616845
KMF 494.032708
KPW 1023.288434
KRW 1552.841401
KWD 0.348504
KYD 0.945928
KZT 580.568819
LAK 24524.329445
LBP 101705.707657
LKR 339.836136
LRD 227.020821
LSL 20.317958
LTL 3.357279
LVL 0.687763
LYD 6.201842
MAD 10.434117
MDL 19.682672
MGA 5075.68908
MKD 61.538355
MMK 2386.919341
MNT 4068.577622
MOP 9.154843
MRU 45.143129
MUR 51.9729
MVR 17.578517
MWK 1968.267214
MXN 21.877499
MYR 4.81071
MZN 72.666378
NAD 20.317958
NGN 1807.613767
NIO 41.775672
NOK 11.49072
NPR 154.818018
NZD 1.89955
OMR 0.437609
PAB 1.135154
PEN 4.153064
PGK 4.653632
PHP 62.956357
PKR 319.939835
PLN 4.25999
PYG 9056.229482
QAR 4.137262
RON 5.055353
RSD 117.235916
RUB 90.212247
RWF 1626.02075
SAR 4.264548
SBD 9.494859
SCR 16.27821
SDG 682.775298
SEK 10.833622
SGD 1.46367
SHP 0.893507
SLE 25.833161
SLL 23842.413185
SOS 648.688066
SRD 42.270984
STD 23533.694664
SVC 9.932348
SYP 14783.277415
SZL 20.312758
THB 36.956096
TJS 11.63488
TMT 3.9852
TND 3.392961
TOP 2.662982
TRY 44.334973
TTD 7.716048
TWD 34.07864
TZS 3061.915688
UAH 47.117797
UGX 4143.562534
USD 1.137004
UYU 47.156402
UZS 14647.988624
VES 107.840913
VND 29509.811178
VUV 138.008217
WST 3.15657
XAF 656.046065
XAG 0.033951
XAU 0.000339
XCD 3.072812
XDR 0.815911
XOF 656.046065
XPF 119.331742
YER 277.258926
ZAR 20.27546
ZMK 10234.40773
ZMW 31.045215
ZWL 366.11494
  • CMSD

    0.1600

    21.89

    +0.73%

  • JRI

    0.0500

    12.69

    +0.39%

  • BCC

    -0.7700

    86.56

    -0.89%

  • NGG

    1.1600

    74.79

    +1.55%

  • SCS

    -0.0600

    10.09

    -0.59%

  • GSK

    -0.2600

    38.66

    -0.67%

  • BCE

    0.0600

    21.53

    +0.28%

  • RBGPF

    65.0500

    65.05

    +100%

  • BTI

    0.6200

    45.22

    +1.37%

  • VOD

    -0.0700

    10.47

    -0.67%

  • RIO

    0.4600

    61.58

    +0.75%

  • AZN

    0.4600

    70.41

    +0.65%

  • BP

    0.1500

    29.09

    +0.52%

  • CMSC

    -0.0200

    21.94

    -0.09%

  • RELX

    0.4600

    55.44

    +0.83%

  • RYCEF

    0.1200

    11.32

    +1.06%

European countries threaten to ramp up Russia sanctions

European countries threaten to ramp up Russia sanctions

European foreign ministers threatened to step up sanctions on Russia at a crunch meeting in London on Monday, as the continent's top diplomat accused the Kremlin of "playing games" over peace negotiations with Ukraine.

Text size:

Moscow has brushed aside pressure from European leaders to agree to an unconditional 30-day ceasefire on Monday, saying Russia would not accept ultimatums.

It has instead proposed direct talks with Ukraine in Istanbul on Thursday, but European countries had warned a ceasefire needed to be in place for this to go ahead.

In a joint statement after their meeting in the British capital, the foreign ministers said they were concerned that Russia "had not shown any serious intent to make progress."

"It must do so without delay," the ministers from Britain, France, Germany, Italy, Poland, Spain and the EU said.

They said they had agreed "to pursue ambitious measures to reduce Russia's ability to wage war by limiting Kremlin revenues, disrupting the shadow fleet, tightening the Oil Price Cap, and reducing our remaining imports of Russian energy."

But host David Lammy, the UK's foreign minister, stopped short of announcing fresh sanctions as had been planned, and several of the measures in the statement have already been unveiled.

These include some proposed by the EU, which has been working on a 17th package of sanctions with further measures to target "shadow fleet" vessels it says are dodging measures imposed by Western nations on Moscow's oil exports following Russia's 2022 invasion of Ukraine.

Putin has effectively dismissed the latest ceasefire call, launching attacks across the front line, according to Kyiv, and he has not responded to Ukrainian President Volodymyr Zelensky's request for a personal meeting.

"Russians are completely ignoring the offer of a full and durable ceasefire starting on May 12," Ukrainian Foreign Minister Andriy Sybiga wrote on X after joining the London meeting online.

"They continue to attack Ukrainian positions all along the front line."

- 'No talks under fire' -

The Ukrainian air force said Russia had fired more than 100 drones overnight.

The EU's top diplomat Kaja Kallas told journalists in London that "if there is no ceasefire there cannot be talks under fire."

"We need to put the pressure on Russia because they are playing games. And in order to put the pressure, we have to use the tools that we have," she said.

Earlier, the German government warned that if Moscow does not accept the ceasefire demand on Monday, "preparations will be set in motion" for fresh sanctions.

Lammy called on Putin to "get serious about peace," and warned that European countries must "be prepared if this is not the moment of seriousness from Putin and we do not get that peace".

The "Weimar+" group that met on Monday was set up in February in response to shifting US policy towards the war in Ukraine and European security under President Donald Trump, who said direct talks were needed to determine whether peace was possible.

Zelensky said Monday he wanted Trump to attend direct peace talks with Russia in Istanbul, after the US leader said he was "thinking" of going.

"Of course, all of us in Ukraine would appreciate it if President Trump could be there with us at this meeting," Zelensky said in a post on X.

(U.Gruber--BBZ)