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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 ...
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 ...
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).
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.
In March 2023, when the EU adopted new sanctions against Russia, Russian diamond exports to Europe and other nations remained unaffected. While calls from Ukrainian nationals and EU officials to strictly apply sanctions to Russian-sourced diamonds had been referred to the G7, such measures had only experienced weak support from European capitals.
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 ...
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 ...