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  4. EU unity on Russian sanctions 'starting to crumble', German minister says
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EU unity on Russian sanctions 'starting to crumble', German minister says

BERLIN (Reuters) - German Economy Minister Robert Habeck on Sunday expressed fears that the European Union's unity was "starting to crumble" ahead of a summit to discuss an oil...
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EU unity on Russian sanctions 'starting to crumble', German minister says © Reuters. FILE PHOTO: Plastic letters arranged to read "Sanctions" are placed in front the flag colors of EU and Russia in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

BERLIN (Reuters) - German Economy Minister Robert Habeck on Sunday expressed fears that the European Union's unity was "starting to crumble" ahead of a summit to discuss an oil embargo against Russia and plans to cut dependence on Russian energy.

EU leaders will meet on Monday and Tuesday to discuss a new sanctions package against Russia, which could also include an oil embargo, and a programme aiming to speed up ending dependence on fossil fuels, including Russian gas.

"After Russia's attack on Ukraine, we saw what can happen when Europe stands united. With a view to the summit tomorrow, let's hope it continues like this. But it is already starting to crumble and crumble again," Habeck told a news conference.

On Friday, European countries scrambled to reach a deal to embargo seaborne deliveries of Russian oil but allow deliveries by pipeline, a compromise to win over Hungary and unblock new sanctions against Moscow.

Habeck called for Germany to speak with one voice at the summit instead of abstaining from votes due to differences of opinion within the country's ruling coalition. He called for similar unity from other EU states.

"Europe is still a huge economic area with incredible economic power. And when it stands united, it can use that power," Habeck said at the opening of the German Hannover Messe trade fair.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

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EUR/USD

1.0658

-0.0008 (-0.07%)

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↑ Sell

Moving Avg:

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Sell (12)

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GBP/USD

1.2475

-0.0015 (-0.12%)

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USD/JPY

157.91

+0.12 (+0.07%)

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↑ Buy

Moving Avg:

Buy (12)

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Buy (9)

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AUD/USD

0.6469

-0.0003 (-0.05%)

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Neutral

Moving Avg:

Buy (10)

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

+0.10 (+0.06%)

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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Buy (3)

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Gold Futures

2,295.80

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Silver Futures

26.677

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4.5305

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Crude Oil WTI Futures

81.14

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Brent Oil Futures

85.62

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Euro Stoxx 50

4,920.55

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S&P 500

5,035.69

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DAX

17,921.95

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Sell (6)

FTSE 100

8,144.13

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17,763.03

+16.12 (+0.09%)

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Sell (6)

US Small Cap 2000

1,973.05

-42.98 (-2.13%)

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10,854.40

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Neutral

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226.40

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6.714

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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Cập nhật 01-05-2024 10:45:19
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Cập nhật lúc 10:45:15 01/05/2024
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