Eastern Europe / News

Kremlin vows to fight on, despite Trump's new sanctions and weapons package for Ukraine

bne IntelliNews July 16, 2025

The Kremlin already warned during the last Istanbul meeting that it might take as many as eight new regions if Ukraine does not accept its terms.

Slovak PM Fico delays approval of EU’s sanctions package again, blaming Slovak opposition

bne IntelliNews July 15, 2025

Slovak populist Prime Minister Robert Fico has again delayed approval of the latest 18th round of EU sanctions against Russia, blaming his latest blocking on the opposition parties in Slovakia.

Russia’s consumer spending motor runs out of fuel

bne IntelliNews July 15, 2025

A number of indicators point to the stagnation of consumer spending in Russia, which for years has been the main driver of economic growth.

Ukrainian Prime Minister Shmyhal quits as Zelenskiy prepares to reshuffle the government

Ben Aris in Berlin July 15, 2025

Move follows months of speculation over changes in the top ranks of Ukraine’s political leadership, as Zelenskiy looks to shore up his hold on power.

German Defence Minister Pistorius confirms transfer of two Patriot system to Ukraine, but warns could take “months”

Ben Aris in Berlin July 15, 2025

Pistorius’ comments also confirm that new US-supplied military aid will not arrive in Ukraine soon.

Hungary to opt out of financing US weapons for Ukraine, foreign minister says

bne IntelliNews July 15, 2025

Péter Szijjarto says Hungary will not contribute to the financing of American weapons deliveries to Ukraine, should such a proposal be officially raised within the European Union.

Trump promises weapons, secondary sanctions on Russia if no deal in 50-days, but lots of questions remain open

Ben Aris in Berlin July 14, 2025

US President Donald Trump announced that the US would supply Ukraine with billions of dollars of weapons “very soon”, including badly needed Patriot air defence missiles, and impose 100% secondary sanctions on countries doing business with Russia

Slovak PM Fico expects deal with EU over sanctions against Russia on July 15, and threatens to continue blocking sanctions if none made.

Albin Sybera in Prague July 14, 2025

Slovak populist Prime Minister Robert Fico expects an agreement between the European Union and Slovakia could be reached on Tuesday, July 15, over Slovakia lifting its veto of the EU’s 18th round of sanctions against Russia.

Ukraine signs €11bn in reconstruction deals at Rome URC2025 conference

bne IntelliNews July 14, 2025

Ukraine signed close to 200 agreements and memorandums totalling €11bn during the Ukraine Recovery Conference 2025 (URC2025) held in Rome, according to Minister of Economy Yulia Svyrydenko.

EC proposes floating Russian oil cap rate at 15% below global price

bne IntelliNews July 13, 2025

The European Commission has proposed a floating price cap on Russian crude oil set at 15% below the average global market price over the previous three months, European Union diplomats said on July 11.

Slovakia seeks EU guarantees on Russian gas phase-out ahead of sanctions deal

Ben Aris in Berlin July 13, 2025

Slovakia is pushing for firm guarantees from the European Commission and key EU member states over the future of its energy security, as it links this condition to its support for a fresh round of sanctions on Russian gas imports.

Trump pledges first financial aid to Ukraine since he took over

Ben Aris in Berlin July 13, 2025

President Donald Trump may sign off on the first new package of military funding for Ukraine of up to $3.8bn since taking office at the start of this year.

Lavrov visits North Korea to reaffirm security pact

Ben Aris in Berlin July 13, 2025

Russian Foreign Minister Sergey Lavrov has warned the United States, South Korea and Japan against forming a trilateral security alliance that explicitly targets North Korea, cautioning that such a move would inflame regional tensions.

Trump hits EU, Mexico with whopping 30% tariffs

Ben Aris in Berlin July 13, 2025

US President Donald Trump escalated his trade war with Mexico and Europe by slapping whopping 30% tariffs on both, after neither of them managed to cut a new trade deal before the July 9 deadline.

A stray drone and the shadow of war: How fear and mistrust are pushing Nato and Belarus to the brink

Tom Aris in Berlin July 13, 2025

In today’s Europe, even a foam-and-plywood drone can trigger fighter jets, send heads of state scurrying for shelter and deepen fears of war.

Russia proposes removing enriched uranium from Iran

bnm Tehran bureau July 11, 2025

Russia has proposed removing enriched uranium from Iran and communicated the offer to Iranian authorities, the United States and the International Atomic Energy Agency.

Trump says Ukraine's Nato allies to pick up arms bill from now on

Ben Aris in Berlin July 11, 2025

US allies have agreed to pick up the bill for arming Ukraine from now on, US President Donald Trump said in an interview with NBC News on July 11.

EU pledges €2.3bn to rebuild Ukraine, and seed a private equity fund to raise another €10bn

Ben Aris in Berlin July 10, 2025

For the first time, the EU has begun to pledge money to rebuild Ukraine’s batter economy should the war come to an end. European Commission President Ursula von der Leyen announced a new package of financial assistance to Ukraine's recovery.

Belarus pushes for BRICS membership amid geopolitical bargaining and Western scrutiny

Tom Aris in Berlin July 10, 2025

Belarus is walking a diplomatic tightrope, trying to strengthen ties with emerging powers like the BRICS while quietly seeking to ease Western sanctions.

Russian Foreign Minister Lavrov floats a “new concept” to halt Ukraine conflict at meeting with counterpart Rubio in Asia

Ben Aris in Berlin July 10, 2025

US Secretary of State Marco Rubio told his counterpart Russian Foreign Minister Sergei Lavrov of his disappointment and frustration" at the lack of progress to ending the Ukraine conflict, but said his counterpart had floated a “new concept".

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