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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 ...
BRUSSELS (Reuters) -The European Union renewed its wide-ranging sanctions on Russia on Monday for another six months after Hungary stopped holding up the move in return for assurances about energy ...
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 ...
Hungary 15% through Ukraine and 32% though TurkStream; Austria 46% through Ukraine; Slovenia 30% through Ukraine; Romania 16% though TurkStream; Italy and Croatia 3% each through Ukraine; The EU is well prepared for the 2023-24 winter, even under the worst weather conditions the EU will still have 20% in stored capacity by April 2024. [45]
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 ...
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.
Orbán, speaking at a meeting of the Hungarian governing party Fidesz in Balatonalmádi in September 2022, identified EU sanctions and restrictive measures against Russia as major causes for the ongoing inflation surge and 'global economic war', and called for the lifting of EU sanctions by the end of the year. [43]