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Austrian chancellor: Next package of Russia sanctions won't include gas embargo.

by The Kyiv Independent news desk May 31, 2022 2:52 PM 1 min read
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Karl Nehammer claimed that it would be much more difficult to replace Russian gas than Russian oil. Earlier the European Union had agreed to impose an embargo on Russian oil with a "temporary exemption" for pipeline oil. European countries have faced criticism for effectively financing Russian aggression against Ukraine by paying billions of dollars for Russian oil and gas.

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5:17 PM

Ukraine increases defense spending by almost $12 billion in 2024.

"Financing the needs of Ukrainian forces is now a top priority. Additional funds for weapons, fortifications, and salaries for servicemen are a critical component of countering the military aggression of the Russian Federation against Ukraine," Deputy Defense Minister Yurii Dzhyhyr said.
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