EU renews Russia sanctions
The EU countries have reached a compromise on the extension of anti-Russian sanctions, Hungary is expected to withdraw objections to this decision in exchange for the provision of The EU on Energy security guarantees.
Hungary has stopped delaying the renewal of European sanctions on Moscow, which may have detrimental consequences on its relationship with Russia.
BRUSSELS – Hungary removed its veto on the EU's six-month extension of Russia sanctions on Monday, but it may not be its last standoff. The deal was struck after the EU agreed to issue a joint, non-binding statement by top diplomat Kaja Kallas and the European Commission to support Hungary's energy security at Monday's meeting of foreign ministers.
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.
Hungary has dropped its threat to prevent EU sanctions against Russia from being rolled over for another six months.
The European Union on Monday agreed to prolong its sanctions against Russia over the war in Ukraine, after Hungary agreed to the move following weeks of stalling.
Hungary's representatives have not yet agreed to a decision on the extension of EU sanctions against Russia. The issue will be considered at an EU Council meeting at foreign minister level on Monday,
BRUSSELS - 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 security. Read more at straitstimes.
Hungary may approve the extension of sanctions against Russia in exchange for a statement that addresses the country's concerns about "energy security". — Ukrinform.
Should EU foreign ministers fail to renew the sanctions by January, diplomats say there is still enough time to call an had-hoc emergency EU summit
The Biden administration had terminated a bilateral tax deal with Hungary and stiffened entrance requirements for Hungarians as part of efforts to persuade Prime Minister Viktor Orban to lessen connec