Hungary Floats Veto Threat as EU Works to Ban Russian Oil
Hungary won’t back sanctions restricting Russian energy import
EU may consider giving Hungary additional flexibility on oil
"Hungary would be ready to veto European Union sanctions on Russia’s oil industry if the measures restricted Budapest’s ability to import energy, according to a senior official in Prime Minister Viktor Orban’s government.
The European Commission is set to propose a ban on Russian oil by the end of the year over its war in Ukraine, with restrictions on imports introduced gradually until then, Bloomberg reported Saturday, citing people familiar with the matter.
Hungary, which is heavily reliant on Russian energy, has been among the most vocal in opposing the expansion of sanctions. Orban’s government has warned of severe damage to Hungary’s economy without access to Russian oil and natural gas.
Since such decisions require unanimity, it makes no sense for the commission to propose sanctions affecting natural gas and crude oil that would restrict Hungarian procurements,” Cabinet Minister Gergely Gulyas told HirTV on Sunday."
https://www.bloomberg.com/news/articles/2022-05-01/hungary-would-veto-eu-sanctions-on-russian-energy-minister-says
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