The European Commission will continue negotiations with Ukraine on gas supplies to Europe, including Hungary and Slovakia, according to an EU diplomat's statement obtained by Reuters on Jan. 27. Ukraine ended Russian gas supplies to Europe on Jan.

The European Union has agreed to prolong for 6 months a raft of sanctions aimed at depriving Russia of funds to finance its war against Ukraine.

Before reupping the sanctions, Budapest wanted to wait for Trump's inauguration, then insisted Brussels push Ukraine to reopen a gas pipeline running to Central Europe.

The European Commission will continue talks with Ukraine on natural gas supplies to Europe and will include Hungary and Slovakia in these talks, according to a statement shared by an EU diplomat and seen by Reuters on Monday.

Hungary has dropped its threat to prevent EU sanctions against Russia from being rolled over for another six months.

Hungary, one of Russia’s main friends in the EU, had left its EU counterparts fuming over a refusal so far to approve the move.

The European Union Commission on Monday said it would continue talks with Ukraine on natural gas supplies to Europe and would include Hungary and Slovakia

But Hungary's Orban, a right-wing populist and ally of Russian President Vladimir Putin, has threatened to "pull the handbrake" on EU sanctions if Brussels does not persuade Ukraine to reopen a ...

The EU will be able to renew its sectoral sanctions against Russia after Hungary abandoned its veto threat, which it had linked to energy concerns. #EuropeNews

European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after Hungary signalled it would stop holding up the move in return for assurances about energy security.

European Union foreign ministers agreed on Monday to extend sanctions on Russia over its war against Ukraine after Hungary lifted its opposition to the move.Most Read from BloombergWhat Happened to Hanging Out on the Street?