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But the European Commission, the EU's executive body, can take legal action against a member country if it deems EU law has been broken. Hungary's Foreign Minister Peter Szijjarto said on Tuesday ...
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 ...
Despite the fact that the tightening of sanctions against Lukoil did not affect the volume of oil transit through Ukraine, pro-Russian officials in Hungary and Slovakia complained of a probability energy crisis and economic collapse to the European Commission while threatening to halt military aid shipments, energy, and diesel supplies to ...
Slovakia and Hungary said Tuesday that they will not support sanctions against Russian energy that the European Union is preparing over the war in Ukraine, saying they are too reliant on those ...
Hungary, which had recently signed a long-term contract with Russia, had objected to the principle of the price cap, according they were given freedom, without notification to, or consent from, the EU to keep or modify their current contract with Russia. [18] Hungary's contract is for 4.5 bcm per annum and there is a price cap of €150 per ...
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 ...
On 24 February 2022, Russia launched a large-scale invasion, prompting the imposition of substantial economic and political sanctions by the EU, the UK, the US, Canada, and other countries. The Russian government has a specified " Unfriendly Countries List " which indicates those countries with which relations are now strained (or non-existent).
EU governments agreed in May to use profits from the assets frozen inside the bloc to help Ukraine, with 90% of funds earmarked for military aid. Hungary maintains warmer relations with Moscow ...