US EditionHungary to Block Loan for Ukraine, Sanctions Until Druzhba Restarts, Minister Says
16 Articles
16 Articles
The blockade by Hungary of the 90 billion euro loan of the European Union puts Kiev before a major financial uncertainty, while the Ukrainian authorities and Western partners are seeking solutions to cover the country's budgetary and military needs in the next two years.
Hungary to block loan for Ukraine, sanctions until Druzhba restarts, minister says
Hungary will continue blocking a 90-billion-euro ($103 billion) loan for Ukraine and new sanctions on Russia as long as oil flows via the Druzhba pipeline remain suspended, Hungary's Foreign Minister Peter Szijjarto said on Monday in Brussels.
As long as Ukraine blocks the transit of Russian oil through Druzhba, Hungary will postpone the provision of a 90 billion euro loan to the EU and the adoption of sanctions against the Russian Federation.
Sanctions against Russia in return for Russian oil — Hungary sets EU conditions
Ukraine's accession to the EU is out of the question, and the 20th package of sanctions against The RF will not be accepted until the oil supply via the Druzhba pipeline resumes. This was announced by the Minister of Foreign Affairs and Foreign Economic Relations of Hungary Peter Szijjarto…
When asked what he thought about Albania and Serbia's suggestion that they were ready to accept EU membership without the right of veto, Costa pointed out that enlargement is based on merit, that is, on meeting all criteria for membership, but that there must also be a sense of urgency.
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