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'Shameless': Greece and LNG remain roadblock in new Russia sanctions

Diplomatic friction within the EU intensifies as Greece blocks new sanctions on Russia over concerns regarding LNG market share and the shipping industry.

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The brief

The European Union is experiencing internal divisions regarding the latest round of sanctions targeting the Russian military-industrial complex. While the bloc has successfully designated a Russian executive and five additional companies linked to drone operations and strikes on Kyiv, broader measures remain stalled.

Coverage from Euronews, the Financial Times, and Radio Free Europe/Radio Liberty highlights that Greece is currently acting as a primary roadblock. Reuters reports that Athens maintains its position to protect its shipping industry and prevent the potential loss of liquefied natural gas (LNG) market share to international rivals.

Future developments hinge on whether the European Union can reconcile its internal shipping and energy policy interests with its current sanctions strategy. Coverage does not yet specify a timeline for potential negotiations or resolutions regarding the remaining blocked measures.

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Quick answers

Why is Greece opposing the new sanctions?

According to reports, Greece aims to protect its national shipping industry and prevent the loss of LNG market share to competitors.

What sanctions has the EU already agreed upon?

The EU has imposed sanctions on one Russian executive and five companies identified as having roles in the production of drones and recent strikes on Kyiv.

What is the status of the overall sanctions package?

The package is currently described as fractured, with internal disagreements stalling progress on broader measures.

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