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

Greece has become a focal point of tension within the EU after blocking new Russian sanctions to protect its LNG and shipping interests.

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📍 The outcome

Greece blocked new EU sanctions on Russia to protect a Greek shipping company and avoid ceding LNG market share to rivals. Despite these divisions, the EU imposed sanctions on a Russian executive and five companies over drones, as well as six listings related to strikes on Kyiv.

Epilogue added 43d ago, after coverage quieted.

The story so far

Greece is currently obstructing the implementation of new EU sanctions against Russia. This deadlock centers on the liquefied natural gas (LNG) market and the protection of a Greek shipping company.

Despite this, the EU has recently imposed sanctions on a Russian executive and five companies linked to drones, as well as six listings related to strikes on Kyiv. Coverage from the Financial Times and Reuters emphasizes Athens' concerns that sanctions risk ceding LNG market share to rivals.

Other outlets, including Euronews and Radio Free Europe/Radio Liberty, describe the situation as 'shameless' and characterize the resulting sanctions package as 'Swiss Cheese' due to persistent internal divisions. Future developments center on whether the EU can resolve these divisions to close the gaps in its sanctions strategy and how Greece will address the pressure regarding its shipping and energy sectors.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 43d ago.

Who reported it (7)

The obvious questions

Why is Greece blocking the new sanctions?

According to the Financial Times and Reuters, Greece is blocking the measures to shield a Greek shipping company and avoid ceding LNG market share to rivals.

Have any sanctions been passed recently?

Yes. The EU has agreed to six listings related to strikes on Kyiv and imposed sanctions on five companies and one Russian executive over drones.

How is the EU's current sanctions approach being described?

Radio Free Europe/Radio Liberty describes the sanctions package as 'Swiss Cheese,' indicating persistent divisions within the union.

Momentum

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4310Jul 19 17:29Jul 21 08:29 UTC

People, places & organizations

Russian Russia Greece Greek LNG Athens Shameless Greece and LNG EU's Swiss Cheese Russian Sanctions Package Exposes Persistent Divisions Greek Sabotage of EU Sanctions

Topics

Greece European Union Russia LNG Sanctions

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