The import of coal from Russia has already stopped, they are in the process of ending oil imports, but the situation is different when it comes to gas.

Although the share of Russian gas in the EU dropped from 45 percent in 2021 to 13 percent now, Russia still earns 23 billion euros per year from it. Despite the restrictions, Russian energy exports remain an important source of income for the Kremlin.

The EU member states and the European Parliament still need to approve the plans. The expectation is that the plan will lead to fierce debate, especially from Hungary and Slovakia. These countries are the most pro-Russian and still rely heavily on Russian energy.

But Commission President Von der Leyen says that the energy coming to Europe must not contribute to the war against Ukraine. “We owe that to our citizens, our businesses, and our brave Ukrainian friends.” 👏🏽💪🇪🇺🇺🇦

source

Von der Leyen’s Plan to End Russian Gas Imports by 2027 (REPowerEU) (Sources: Reuters, AP News, Financial Times, Euronews, Kyiv Independent) Key Measures:

• Ban on new gas contracts after 2025
• End existing contracts by 2027
• Mandatory transparency for gas deals
• Switch to LNG from other suppliers & renewables
• Help for Hungary & Slovakia to transition

To overcome opposition from Hungary and Slovakia, the EU will use qualified majority voting, so no single country can veto the plan. Each country must submit its own phase-out plan, tailored to its situation. The EU is offering financial tools under the REPowerEU plan to help countries support their companies exiting Russian deals and phase out Russian energy. These include grants and loans from the recovery fund, support from the European Investment Bank, and targeted funds for energy infrastructure and renewables, like Hungary receiving €700 million in grants and applying for €3.9 billion in loans to upgrade its energy system.

God I love Ursula and everyone working on this

They will be banned soon

Wow W Greece 💯🙌🏻

AFD should be banned… Threat to democracy tf

They can mass spy on them now and get a valid legal reason to ban them with proof

Pray they find a valid legal reason to ban them soon now that they can mass spy on them :)

This is crazy, it should create a ripple effect of protests in Russia I hope. Its time to destabilize Russia. Much condoleances and may she rest in peace.

Trade was already fair, both sides had open markets and followed the same rules. For example, EU goods faced low U.S. tariffs, and vice versa. Some tariffs existed, like 10% on U.S. cars entering the EU and 2.5% on EU cars going to the U.S., mainly to protect key industries, keep leverage for future deals, or defend specific standards. So Trump’s claim of unfairness is more about politics and narrative than actual trade imbalance and facts xD As per usual with him

Makes my hair stand up with hate and disgust jesus christ