Wednesday, April 6, 2022

Refusing to accept reality at the EU


EU Fails To Approve Russian Coal Ban As Latest Sanctions Package Delayed Due To "Technical Issue"

Update (1115ET): Is the EU getting cold feet about approving the fifth package of sanctions against Russia because of the blowback about breaking the "energy taboo"?

It's unclear - but for whatever reason, a gathering of EU lawmakers refused to approve what would be the fifth round of sanctions on Wednesday, citing a "technical issue".

It looks like the diplomats will try to pass it again on Thursday, after seeking some unspecified compromises. German sources said earlier that the coal ban would likely drive energy prices even higher.

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