Zelensky to address EU summit as oil sanction plan stalls

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BRUSSELS - Ukrainian President Volodymyr Zelensky will speak via videolink with EU leaders on Monday as the bloc struggles to agree on oil sanctions on Russia in the teeth of opposition from Hungary

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The gathering will tackle Ukraine's immediate need for cash, the energy and food crises ensuing from the war, and how to build up a coordinated European defence military industry, Mr Michel's letter said. Announced by European Commission President Ursula von der Leyen on May 4 as a plan to be phased in over this year, the oil ban has run aground on resolute refusal by Hungary to accept it.

The question of money is especially problematic, as the EU has been withholding coronavirus recovery funds sought by Budapest because of its rule of law failings.

 

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