Foreign relations of Russia

Greece’s trade deficit shrinks by 21% in July

Greece's trade deficit shrank by 21% in July as imports fell more than exports in the month, the Hellenic Statistical Authority said in a report on the country's merchandise trade.

The value of imports totaled 6.721 billion euros in July, down 17% from July 2022 (excluding oil products, imports fell 3.9%, while excluding oil products and ships, imports fell 4%).

Oil Tankers intended for Bulgaria are a Legitimate Military Target for the Ukrainian Army

Black Sea tankers traveling with crude oil for "Lukoil" from Novorossiysk to the "Rosenets" terminal near the Bulgarian city of Burgas are a legitimate military target of the Ukrainian army. This became clear from the words of Volodymyr Zelensky's economic advisor Oleg Ustenko.

Berlin and Paris ‘missing in action’ as EU lacks leadership in defense

A lack of leadership by countries such as Germany and France and narrow industrial interests keep Europe from boosting defense cooperation as warranted by Russia's war on Ukraine, a report by the Munich Security Conference stated on Wednesday.

"The crucial capability gap in European defense is still political leadership," the Munich Security Report on European Defense said.

EU approves 11th sanctions package against Russia over Ukraine

European Union governments agreed on Wednesday to an 11th package of sanctions against Russia over its invasion of Ukraine, aimed at stopping other countries and companies from circumventing existing measures.

The new package, tweeted by Sweden as EU president, forbids transit via Russia of an expanded list of goods and technology which might aid Russia's military or security sector.

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