Why the EU Still Can’t Agree on Its Next Round of Russia Sanctions
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Many European Union diplomats thought that it would become easier to approve sanctions on Russia after the departure of former Hungarian Prime Minister Viktor Orban in May, after 16 years in power. Seen as the most Kremlin-friendly leader in the bloc, other European politicians and diplomats had often lamented that Budapest had watered down both the blacklisting of key Russian individuals and measures aimed at weakening Moscow’s economic and military prowess. So, expectations were high when the European Commission’s proposal for a 21st…
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Financial market analysis indicating neutral sentiment based on current trends.
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