Slovakia threatens Veto: Fico rejects new Russia sanctions!

Slovakia threatens Veto: Fico rejects new Russia sanctions!

The Slovak Prime Minister Robert Fico recently announced that Slovakia is no longer willing to agree to European sanctions against Russia without priority. On Facebook, Fico said that Slovakia would not support the EU's 18th sanction package as long as no solution is offered for the current crisis situation. This development could have a significant impact on European foreign policy and the energetic security of Slovakia. Like Welt.de points out that the existing sanctions of Slovakia are more harm than Russia.

Last week, the parliament in Bratislava passed a non-binding explanation, which asks the government to vote against further sanctions. Fico explains that the sanctions would cause economic damage, especially in a country that depends heavily on Russian raw materials. An essential point is that Slovakia has received an exemption from the EU from the EU for the sanction regulations that could be omitted with the new sanction package. This could also put a strain on the economic situation of the country.

support for Ukraine, but not for NATO

Although Slovakia supports Ukraine with regard to its accession to the EU, it rejects NATO membership in Ukraine. This is clearly communicated by the current government in Bratislava. The political framework is strongly influenced by the geopolitical tensions caused by the Ukraine conflict. At the beginning of the year, Ukraine had stopped the thorough line of Russian gas through its territory, which led to tensions with Slovakia, since it rely on Russian energy imports.

In a further context, it should be noted that the western states that have imposed sanctions against Russia are fighting in the struggle for the country's economic isolation against a growth prevented from increasing measures. So far, Russia has had to accept more than 12,000 sanctions, which makes it one of the most sanctioned countries in the world, such as SPIEGEL.de

long -term economic consequences

The effects of these sanctions are serious, as studies show. Russian exports are now 36 percent lower than before sanctions, and imports have decreased by more than 30 percent. This development not only caused short -term economic losses, but could also have long -term consequences for the country's prosperity. Researchers of the Yale School of Management and the Kiel Institute for the World Economy have found that the loss of sanctions in Russia is estimated to be around 1.5 percent, which further exacerbates the fragile economic conditions, as well as iWd.de noted.