Royal wartime decree seen as fallback option to keep Russia’s frozen €190bn in EU if Hungary vetoes renewal of sanctions

Hungary is not ready to support the extension of European sanctions against the aggressor country russia before the inauguration of Donald Trump.According to

Hungary's prime minister says sanctions issued by the United States last week against a powerful Hungarian official have “strengthened” that official’s standing within the populist government.

Russia has long used its plentiful energy resources as a tool to exert control over the region, where independence from Russian energy is tied to political sovereignty.

Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new round of US sanctions on Russia's oil and gas sector, Hungarian Foreign Minister Peter Szijjarto said on Sunday.

Tensions between Ukraine and Hungary over the war with Russia and the expired gas transit deal continue to increase online.

BRUSSELS, Jan 16 (Reuters) - Hungary has not yet decided whether to support the rollover of European Union sanctions on Russia due at the end of this month and believes the EU should decide on the ...

E.ON Energie Romania is one of the European Union member's biggest gas and electricity providers, serving around 3.4 million customers. MVM Group is the main energy supplier in Hungary, a 100% state-owned company, ranking as the sixth in Central Europe and it wants to acquire the Romanian firm's gas and electricity supply division.

Hungary believes that the EU should decide to extend sanctions against Russia only after consulting with the new US administration. Source: Reuters, as reported by European Pravda Details: Hungarian Minister for EU Affairs Janos Boka said that Hungary has ...

Hungary Says EU Should Talk to Trump Before Russia Sanctions Renewal Decision BRUSSELS (Reuters) - Hungary has not yet decided whether to support the rollover of European Union sanctions on Russia ...

Hungary’s Prime Minister Viktor Orban has been a vocal critic of the U.S.-led West’s support for Ukraine. In his statements, Orban rejected EU sanctions on Russia, calling for their removal and a shift towards a sanctions-free relationship.