"Bloomberg": Two maritime countries prevented the EU from imposing new sanctions on Russian oil
Two Southern European countries expressed concerns about the EU's potential new sanctions on Russian oil, fearing impacts on the shipping industry and energy prices.
In a recent meeting of EU ambassadors, two Southern European maritime countries raised concerns regarding a new sanctions package against Russian oil. According to sources familiar with the matter, these countries fear that the sanctions could significantly impact the European shipping industry and lead to increased energy prices. Their apprehensions highlight the delicate balance the EU must strike between imposing sanctions on Russia and maintaining economic stability within its member states.
The concerns specifically addressed proposals for imposing sanctions on foreign ports involved in the handling of Russian oil and tightening oversight on vessel sellers to reduce the number of ships entering Russia's fleet. These discussions indicate a growing unease among certain EU nations about the potential economic repercussions of stringent sanctions. Both Greece and Malta are involved in maritime activities, which makes them particularly sensitive to any changes that could hinder their shipping industries.
While the Greek government declined to comment on the issue, a spokesman for the Maltese government indicated that Malta is participating in technical discussions to ensure that the final outcomes of these sanctions can be implemented effectively. This event reflects the complexities faced by the EU as it navigates the implications of its policies on member states, especially those directly impacted by maritime operations.