EU puts profit over peace as new sanctions hit a wall
It turns out the European Union’s legendary solidarity has a price tag, and apparently, it’s lower than the cost of a few tankers and some fish.
Turns out, the noble talk about crushing Russia’s war machine stops the second a billionaire’s shipping empire or a fish processing plant is at risk. Diplomats are currently stuck in a deadlock because member states are prioritizing local corporate profits over actual results.
Greece is blocking the whole package just so one shipping magnate, George Prokopiou, can keep hauling gas. Portugal and Germany are playing lobbyist for the fish industry, while France and Italy are busy worrying about the tourist visa situation for Russian soldiers. Meanwhile, Austria wants 2 billion euros back for Raiffeisen Bank because they got slapped with a fine.
It’s a masterclass in performative politics: everyone signs off on the tough talk, but when it’s time to actually pull the trigger, the "moral imperative" vanishes into thin air. Solidarity is great, unless it costs a cent.
Source: Financial Times
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