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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.
Hungary has asked the United States to exempt Russia's Gazprombank from sanctions when it comes to payments for natural gas as those sanctions could negatively affect some U.S. allies, Hungary's ...
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 ...
An essential tool of the EU's Common Foreign and Security Policy (CFSP) are restrictive measures, also known as "sanctions". They are utilized by the EU as a component of a coordinated and all-encompassing policy approach that includes political discussion, complementary actions, and the use of other tools at its disposal.
BUDAPEST (Reuters) - 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 ...
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]
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.