Hungary on Monday withdrew a veto halting the extension of the European Union's sanctions on Russia, paving the way for the measures to be in place for another six months. A delegation of the government of Prime Minister Viktor Orban backed the decision at a meeting of EU foreign affairs ministers in Brussels after receiving guarantees on energy
The EU has provided Hungary with "requested guarantees" regarding its "energy security" concerns, namely the transit of fossil fuels to EU member states, Hungary’s Foreign Minister Peter Szijjarto said on Jan.
The European Union extended sanctions against Russia for six months after overcoming Hungary's objections. These sanctions target various sectors and include a ban on seaborne crude oil imports. Hungary's demands for energy security were acknowledged,
Budapest’s U-turn follows Donald Trump’s warning to Moscow that it could face more curbs unless it ends war ‘soon’
Hungary was expected on Monday to lift its block on the EU prolonging its sanctions on Russia, after weeks of stalling from Prime Minister Viktor Orban, diplomats said.
The European Union is expected to renew its sanctions on Russia following assurances about energy security from Hungary, which had previously stalled the process. The sanctions, vital for maintaining pressure on Russia over Ukraine,
Hungarian Prime Minister Viktor Orbán on Friday said he wants the European Union to intervene in a gas dispute his country has with Ukraine, a potential sign of friction in the bloc's upcoming discussions over renewing sanctions against Russia.
The European Union agreed a 6-month extension Monday for a raft of sanctions aimed at depriving Russia of funds to finance its military operations against Ukraine after Hungary lifted its objections to the move.
As the EU agrees to extend sanctions on Russia by another six months, the Russian Defence Ministry has said its forces captured the east Ukrainian town of Velyka Novosilka in the Donetsk region, a key defensive hub for the Ukrainian army.
The European Commission will engage in discussions with Ukraine about natural gas supplies, including Hungary and Slovakia in these talks. This initiative is amidst Hungary's hesitation to renew EU sanctions on Russia,
Hungary wants the European Union to persuade Ukraine to resume gas transit from Russia to Europe, Prime Minister Viktor Orban said on Friday, signalling a tough debate as the EU seeks to extend its sanctions against Russia over the coming week.