Sanctions

Sanctions date back to antiquity, with the "Megarian Decree" issued by Athenian statesman Pericles in 432 BC being the first recorded

This Friday, the European Union (EU) agreed to introduce a price cap on Russian oil. The decision is intended to punish Moscow for the Russian invasion of Ukraine and limit potential profits. The cap will be set at $60 per...

On Wednesday, the EU unveiled proposals to tax energy firms by up to $140 billion euros ($141 billion) to alleviate the burden of soaring prices for households and businesses across the bloc. EU chief Ursula von der Leyen presented the...

Turkey's possible purchase of S-400 missile systems from Russia would be a violation of US sanctions, Senator Menendez said on Thursday.

As Cyprus marks the anniversary of the Turkish invasion of July 20, 1974, many are highlighting the uncanny parallels with the Russian invasion of Ukraine. The Greek and Cypriot communities question why Turkey got off nearly scot-free after its invasion...

A giant superyacht linked to Vladimir Putin was seized by Italian authorities on Friday after they recommended it be impounded as part of sanctions against Russia. Authorities in Italy said the $700 million superyacht, called 'The Scheherazade,' which is more...

It emerged on Thursday that Patriarch Kirill, the head of Russia's Orthodox Church, is included in the European Union's sanctions list. The 75-year-old Kirill has backed Russia's military campaign in Ukraine, calling on supporters to rally to fight Moscow's "external...

The EU Commission announced plans on Wednesday to ban the import of oil from Russia by the end of 2022 and to sanction Russians who committed war crimes in Ukraine. "Putin must pay a high price for his brutal aggression,"...

Greece's authorities say they have seized a Russian tanker in the Aegean Sea as part of European Union sanctions imposed against Russia. The Hellenic Coast Guard said the Russian-flagged Pegas, an oil tanker with 19 Russian crew members on board,...

Ukrainian President Volodymyr Zelensky on Thursday called on Cyprus to close its ports to all Russian ships and to deny “privileges” to Russian nationals but omitted any reference to the Turkish invasion of the island in 1974. He was speaking...