EU Offers Slovakia Assurances on Proposed Ban of Russian Gas

The European Union assured Slovakia that it would take measures to soften the impact of a bloc-wide ban on Russian gas supplies from 2028 after Prime Minister Robert Fico demanded safeguards.

Fico sought guarantees from the bloc as he withholds support from the EU’s latest round of sanctions against Russia. The European Commission said it would address the risk of price spikes and costly cross-border tariffs in addition to providing legal help and funding, according to a letter delivered to the Slovak leader seen by Bloomberg News.