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Added on the 27/12/2022 22:42:45 - Copyright : Euronews EN
President of the European Commission Ursula von der Leyen says Russia is losing "around 160 million euros a day" from oil price cap. SOUNDBITE
The European Commission President, Ursula von der Leyen, sets out new sanctions to be imposed on Russia, including a cap on the price of Russian oil and new restrictions on the import of goods to the country worth 7 billion euros. SOUNDBITE
US Secretary of State Antony Blinken, holds a press conference during which he warns that the developing world "will pay the price" if Russia does not extend its grain deal. IMAGES
Speaking at a press conference alongside the EU's High Representative for Foreign Affairs, Josep Borrell, European Commission President, Ursula von der Leyen, reveals a new round of sanctions against Moscow over its latest "escalation" in Ukraine. The new sanctions include a cap on the price of Russian oil and a ban on exports from the country worth seven billion euros ($7 billion). The announcement comes as the Kremlin-installed leaders of Russian-held regions in Ukraine have been claiming victory in what Von der Leyen describes as "sham" referendums on joining the Russian Federation. SOUNDBITE
NATO Secretary General Jens Stoltenberg calls for China to face consequences if it keeps supporting Russia, accusing Beijing of worsening the Ukraine war while seeking better relations with the West. "Beijing cannot have it both ways. At some point -- and unless Chinatx changes course -- allies need to impose a cost. There should be consequences", he says. SOUNDBITE
The European Union proposes extending tariff-free entry for Ukrainian farm products for a year from June, but with "safeguards" to stop cheaper imports flooding the market at the expense of Europe's own farmers. SOUNDBITE
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