Slovakia is likely to approve the EU’s 18th sanctions package against Russia following assurances provided by the bloc to Bratislava, Slovak Prime Minister Robert Fico hinted on July 14. The potential approval of the package comes as the EU continues to implement new measures aimed at curbing Russia’s influence, particularly in light of the ongoing conflict in Ukraine.
The European Union has been steadily increasing the number of sanctions against Russia since the annexation of Crimea in 2014. The 18th package is expected to target key sectors such as energy, finance, and technology, with specific measures aimed at reducing Russia’s ability to wage war and maintain its global economic standing.
Prime Minister Fico’s comments reflect a shift in Slovakia’s stance, which had previously been cautious about the impact of sanctions on its own economy. However, the assurances from the EU, which promise to mitigate negative effects on member states, have likely reassured Bratislava of the benefits of aligning with the bloc’s strategy. The approval of the sanctions package is expected to be finalized in the coming weeks, following internal consultations with the Slovak government.
This development underscores the EU’s determination to maintain pressure on Russia through economic measures, while also highlighting the internal challenges member states face in balancing national interests with collective security goals. As the sanctions package moves closer to implementation, analysts will be closely monitoring its potential impact on both the Russian economy and the broader European market.