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As the European Union tries to impose sanctions on Russian oil over the war in Ukraine, Hungary has emerged as one of the biggest obstacles to unanimous support needed from the bloc's 27 member ...
The EU is considering its options to block Hungary from vetoing hundreds of billions of dollars worth of sanctions against Russia, including an 81-year-old decree that can only be signed by the ...
The Ukrainian sanctions and blockage of oil transport immediately prompted both Hungary and Slovakia to appeal to the European Union, claiming that Ukraine was violating its European Union Association Agreement and jeopardizing its energy security, which could cause a national energy crisis and an economic crisis in both states.
The United States imposed new sanctions on Russia's Gazprombank on Nov. 21 as President Joe Biden steps up measures to punish Moscow for its invasion of Ukraine before he leaves office in January.
In June 2024, bypassing Hungary, the European Union decided to accept a financial package intended for Ukraine based on Russian frozen assets. Josep Borrell, the EU High Representative for Foreign Affairs, said that since the Hungarian government had not previously voted on the use of the profits on the frozen assets, it is now not entitled to ...
EU restrictive measures against Guinea-Bissau were introduced on 3 May 2012. Travel restrictions and an asset freeze were imposed targeting those who sought to prevent or block a peaceful political process or who took action that undermined stability in the Republic of Guinea-Bissau, in particular those who played a leading role in the mutiny ...
Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new round of US sanctions on Russia's oil and gas sector, Hungarian Foreign Minister ...
Hungary was an ally of Germany during World War II. When Germany declared war on the Soviet Union in 1941, Hungary tried to remain neutral. When the controversial bombing of Kassa occurred, the government quickly declared the state of war existed between Hungary and the USSR, without receiving the consent of the Parliament.