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Switzerland imposes new sanctions on Russia.

by The Kyiv Independent news desk June 29, 2022 11:16 PM 1 min read
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Switzerland's Federal Council started implementing the EU's sixth package of sanctions on June 29. The sanctions include an embargo on crude oil and certain refined oil products from Russia. This embargo will be imposed gradually, taking full effect by the beginning of 2023.

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Hungary loses out on about $1 billion in EU aid.

The aid package was conditional on Hungary implementing reforms to bring the country into compliance with EU standards by the end of 2024. Budapest failed to meet the requirements, a European Commission spokesperson said.
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