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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 ...
Following Russia's invasion of Ukraine in 2022, the European Union began reducing its dependence on Russian energy supplies. However, Hungary and Slovakia were granted special exemptions from the EU ban on pipeline-transferred Russian oil, which intended to allow landlocked countries such as the Czech Republic time to seek alternative energy ...
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 ...
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 ...
An aide to Hungary's prime minister on Friday accused Ukraine of blackmailing Hungary and Slovakia by halting oil deliveries after the countries stopped receiving oil from Russian group Lukoil.
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 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.
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 ...