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BUDAPEST (Reuters) -Hungary and Slovakia have asked the European Commission to mediate a consultation procedure with Ukraine, Hungary's foreign minister said on Monday, after Kyiv placed Russian ...
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 ...
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 ...
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 is reliant on oil from Russia for 46% of its needs in 2021, a decrease from 80% in 2013. [4] An EU exemption to sanctions, following the Russian invasion of Ukraine in 2022 allows Hungary to continue importing oil from Russia until December 2023. [5] MOL Group is an oil and gas group in Hungary.
The newspaper also reported that Hungarian officials raised a possible agreement for Budapest to lift its veto on the 6.6 billion euros directed to Ukraine if the Hungarian government gets full access to the 6.3 billion euros of EU funds before mid-December, which was frozen due to concerns about the rule of law and corruption. However, this ...
In June 2015, the European Parliament asked the Commission to present a proposal for starting the mechanism against Hungary over rule of law concerns in the country; but in October voted down a similar proposal to begin procedures against Hungary over its treatment of migrants. [7]
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.