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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 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.
BRUSSELS (Reuters) -European Union leaders have agreed an embargo on Russian crude oil imports that will take full effect by end-2022, but Hungary and two other landlocked Central European states ...
Hungary and Slovakia are seeking ways to make payments for Russian gas that were thrown into uncertainty by new U.S. sanctions on Russia's Gazprombank, officials said on Wednesday. Hungarian ...
Hungary has an embassy in Moscow and two consulate-generals (in Saint Petersburg and Yekaterinburg). Russia has an embassy in Budapest and a consulate-general in Debrecen. Both countries are full members of the Organization for Security and Co-operation in Europe. Hungary is highly dependent on sources of energy imported from Russia.
European Union countries are struggling to agree oil sanctions against Russia over its invasion of Ukraine, nearly four weeks after the European Commission proposed them. The starting point for ...
Hungary is legally allowed to leave the EU according to Article 50 of the Treaty on European Union. Therefore, the country could exit the union following a referendum, which would require a change to the Constitution of Hungary with the support of two-thirds of the Hungarian parliament. This was proposed by Hungarian politician Dóra Dúró, a ...
BUDAPEST (Reuters) -Hungary's foreign minister said on Saturday the European Commission's decision not to mediate in a dispute over a blockage of oil supplies from Russia via Ukraine into his ...