Eastern Europe / News

EU pledges ongoing support for Ukraine, defers decision on Russian assets

bne IntelliNews October 24, 2025

European Union leaders pledged continued financial backing for Ukraine over the next two years, but delayed a decision on tapping billions of euros in frozen Russian assets to fund Kyiv’s defence

Russia will remain defiant against US sanctions pressure, Putin claims

bne IntelliNews October 23, 2025

The sanctions come at a time when Russia’s two largest energy buyers, China and India, have shown signs of reducing their oil imports from Russia.

Russia rules out seizing EU assets but warns of retaliation if confiscations proceed

bne IntelliNews October 23, 2025

Russia will not seize European Union assets currently operating within its borders, Russian Deputy Finance Minister Alexei Moiseev has said.

China’s state-owned oil giants halt Russian crude purchases in response to US sanctions

bne IntelliNews October 23, 2025

China’s state-owned oil giants have paused their purchase of Russian crude oil in response to recent US sanctions targeting Moscow’s two largest oil firms, Rosneft and Lukoil

India, US near major trade deal cutting tariffs to 15–16% if New Delhi will limit Russian crude imports

bno - Mumbai Office October 23, 2025

India and the United States are close to finalising a long-awaited bilateral trade deal that could sharply lower tariffs on Indian exports to about 15–16% from the current average of 50%

Slovak PM Fico to unblock 19th round of sanctions in exchange for EU’s concessions to car industry

Albin Sybera in Prague October 22, 2025

During a parliamentary session in Bratislava, Fico reportedly admitted he uses the support for sanctions as a "pressure tool".

Smuggler balloons from Belarus disrupt flights for 4,000 passengers at Vilnius Airport

Linas Jegelevicius in Vilnius October 22, 2025

Lithuanian officials have accused Belarus of sending balloons across the border to transport contraband goods or disrupt air traffic near Vilnius.

Hungarian foreign minister says "many actors" worked to prevent Budapest summit

bne IntelliNews October 22, 2025

The White House has suspended plans for a meeting between US President Donald Trump and Russian President Vladimir Putin in Budapest.

White House halts plans for Trump-Putin summit in Budapest

bne IntelliNews October 21, 2025

Anonymous White House official tells AFP there are “no plans” for Trump to meet Putin “in the immediate future”, effectively shelving a Budapest gathering that Trump had described as imminent only days earlier.

EU decision to ban Russian gas transit raises alarm in Serbia

Tatyana Kekic in Belgrade October 21, 2025

Belgrade warned that the EU's decision to halt imports and transit of Russian natural gas from 2026 poses a serious threat to its energy security, with senior politicians calling the move "catastrophic".

Slovak Foreign Minister Blanár reiterates support for Ukraine’s EU bid

bne IntelliNews October 21, 2025

Juraj Blanár says Ukraine is "ready in a way" for accession, but notes objections from some EU member states.

Kremlin says leaders’ good relations helped Budapest secure summit

bne IntelliNews October 21, 2025

Hungary is expected to host a second summit between Vladimir Putin and Donald Trump on Ukraine after their talks in Alaska in August did not lead to a breakthrough.

India’s opposition slams Modi over Trump’s Russia oil claim

bno Chennai Office October 21, 2025

Indian National Congress leader Jairam Ramesh in an X post criticised Prime Minister Narendra Modi for staying silent over US President Donald Trump’s repeated claims that India would cut back on oil imports from Russia.

EU sets 2028 deadline to end Russian gas imports under phased ban

bne IntelliNews October 20, 2025

European Union energy ministers have approved a plan to end all Russian gas imports by 2028, introducing a phased ban on new and existing contracts.

EU mulls partial membership plan to ease enlargement and bypass veto risks

bne IntelliNews October 20, 2025

Move is aimed at moving forward with enlargement and overcoming resistance from EU members such as Hungary, but reaching consensus to be a challenge.

Minsk asks for talks with Kyiv, as Lukashenko seeks to end Belarus’ isolation

bne IntelliNews October 20, 2025

Belarus' President Alexander Lukashenko has opened the door to direct dialogue with Kyiv as part of negotiations to end Russia’s war in Ukraine, as he launches a diplomatic drive to break the republic’s isolation and dependence on Russia.

Kremlin envoy revives $8bn plan for Putin–Trump 'Runnel’ linking Russia and US

bne IntelliNews October 19, 2025

Russia’s sovereign wealth chief has revived a long-standing vision of physically connecting Eurasia and North America, proposing an $8bn “Putin–Trump Tunnel” beneath the Bering Strait as a symbol of post-war reconciliation.

Putin's meeting with Trump in Budapest is a slap in the face for the EU

Ben Aris in Berlin October 19, 2025

As preparations get underway for a highly anticipated summit between Russian President Vladimir Putin and former US President Donald Trump in Budapest, attention is turning to an unusual but politically sensitive detail: how will Putin get there?

Zelenskiy leaves Washington empty handed, Trump and Putin head to Budapest to talk business

Ben Aris in Berlin October 19, 2025

Ukrainian President Volodymyr Zelenskiy went into a White House meeting with US President Donald Trump on October 17 hoping for a big arms deal. He came out of the meeting empty handed.

US warns Serbian banks over sanctions breach involving NIS

Tatyana Kekic in Belgrade October 19, 2025

US sanctions on NIS prohibit transactions with the Serbian oil company involving US-linked financial instruments, including payments using Visa, Mastercard and other foreign-issued cards.

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