EU diplomats scramble to overcome Hungary’s threat to derail new sanctions on Russia
Hungary’s veto over halted Russian oil transit threatens a $106 billion EU loan to Ukraine amid a political campaign ahead of April elections, officials said.
- Threatening a veto, Budapest said it would block the EU's 20th sanctions package and a 90 billion euro loan to Ukraine in a letter dated Feb. 23.
- Damage to the Druzhba pipeline since Jan. 27 has disrupted Russian oil shipments, and Hungarian Prime Minister Viktor Orbán, facing the April 12 parliamentary election, links his veto threat to resumed oil flows.
- The European Commission responded that Russia, not Ukraine, destroyed the Druzhba pipeline, countering Szijjártó's claims that Kyiv and Brussels conspired to stop oil flows.
- The European Commission and EU Council chief António Costa warned that failing to honor the €90 billion loan commitment would breach 'sincere cooperation,' as EU diplomats worked late to avoid a crisis.
- With domestic polls showing Fidesz trailing, Orbán may seek concessions as Germany and other EU states say they will continue pressure, framing the row as a unity test.
108 Articles
108 Articles
The EU failed to approve its 20th package of sanctions against Russia on Monday after Hungary vetoed it, EU foreign policy chief Kaja Kallas said after a meeting of the Foreign Affairs Council. The sanctions have forced Russia to sell various fuels cheaper than before during the fifth year of the war, but sales volumes have increased.
BRUSSELS RAGING: EU Countries Fume at Hungary Over Blocking of Russia Sanctions Package and $100 Billion Ukraine Loan
Orbán is blocking all Ukraine initiatives until Kiev restarts flux of Russian oil via the Druzhba pipeline. Brussels, obsessed with helping Kiev, is furious at Budapest. For years now, Hungarian PM Viktor Orbán has been the man that Brussels’ Globalist establishment loves to hate – but now it’s getting even worse. European ministers harshly criticized Hungary today (23), over Budapest’s plan to block the EU’s latest round of sanctions against Ru…
The European Union has not achieved its purpose of announcing the twentieth package of sanctions against Russia coinciding with the fourth anniversary of the beginning of the Russian invasion of Ukraine due to the intransigent position of Hungarian President Viktor Orbán, who insists on continuing to buy oil from Moscow. The situation has been so tense that High Representative Kaja Kallas has accused Hungary of failing to 'loyal cooperation' bet…
The European Union (EU) failed today to adopt a new package of sanctions against Russia or approve a new large loan to Ukraine due to sudden objections from Hungary, European diplomacy chief Kaja Kalas said in Brussels.
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