Main content

EU Commissioner: Energy sanctions still possible
The EU Commissioner for Financial Services, Mairead McGuinness, has said sanctions on Russian energy are still on the table.
“We are over reliant on Russian oil and gas, we plan to reduce significantly that dependency and that takes time,” Ms McGuinness told Hardtalk’s Stephen Sackur. “But we’ve also said that everything remains on the table.”
The key was to make sure that energy sanctions would impact Russia and not “boomerang” and a have negative impact on the European economy or cause global consequences, she said.