Aletho News

ΑΛΗΘΩΣ

Hungary wants apology for ‘outrageous’ claims by US official

RT | February 14, 2023

Hungary blasted the US over what it says are “outrageous” and “false” accusations of anti-Semitism, leveled by a senior diplomat against Budapest. Foreign Ministry spokesman Mate Paczolay added that while Washington later admitted the mistake, it has not issued a public apology.

On Tuesday, speaking to the Index news site, Paczolay slammed Linda Thomas-Greenfield, the US ambassador to the UN.

During a UN event on Thursday, Thomas-Greenfield cited Hungary as an example of a place where anti-Semitism is on the rise, noting that “a Holocaust memorial was vandalized” there. In a transcript later released by Washington’s mission to the UN, this phrase was crossed out.

An explanatory note said that Thomas-Greenfield was referring to a statue in Sweden of diplomat Raoul Wallenberg, who saved thousands of Jews from the Nazis in Hungary during WWII.

“It is quite outrageous that the US ambassador made baseless and false claims about Hungary in front of the… public,” the spokesman said, adding that the Hungarian delegation was not given an opportunity to speak, and was able to complain only after the event had ended.

Paczolay noted that “the American side admitted behind closed doors that it made a mistake.” However, it never issued “a clarifying or an apologetic statement,” which he said is the “minimum expectation in diplomacy” in this type of situation.

If the mistake was indeed unintentional and resulted from a “lack of preparation,” then it is “incomprehensible why the representation does not issue a statement in order to resolve the situation,” he said.

Earlier this month, Hungarian-US relations were marred by another diplomatic spat. Hungarian Foreign Minister Peter Szijjarto called out David Pressman, Washington’s ambassador to Budapest, over alleged “interference” in the nation’s internal affairs.

Pressman had commented that local decision-makers “continue to push policies endorsed by [Russian President Vladimir] Putin,” referring in particular to Hungary’s opposition to the Western sanctions on Moscow over the Ukraine conflict.

February 14, 2023 Posted by | Russophobia | , | Leave a comment

Hungary slams EU push to arm Ukraine

Hungarian Foreign Minister Peter Szijjarto © Michal Cizek / AFP
RT | February 12, 2023

Hungarian Foreign Minister Peter Szijjarto speaks to journalists in Prague, Czech Republic, on August 30, 2022. © Michal Cizek / AFP
The European Union’s calls to keep supporting Ukraine with arms shipments will only prolong the conflict with Russia, the Hungarian foreign minister said on Sunday.

Speaking to radio Kossuth, Peter Szijjarto commented on recent remarks by the President of the European Parliament, Roberta Metsola, who pushed for fighter jets and long-range weapons to be sent to Kiev. According to the minister, EU lawmakers’ decisions on Ukraine “have generally caused damage to Europe,” and further weapons deliveries will only worsen the hostilities.

He went on to blast the EU legislature, claiming that its “credibility is practically zero.” Szijjarto pointed to a recent graft scandal as proof that the EU parliament is “one of the most corrupt organizations in the world.”

He was referring to the recent arrest of the parliament’s former vice president, Eva Kaili, who has been charged with taking bribes from Qatar in exchange for illegally lobbying the interests of the Gulf state.

Szijjarto noted that in Western countries, war rhetoric sounds “incomparably louder than the rhetoric of peace,” while nations outside “the transatlantic bubble” tend to prefer peace to a deadly conflict.

The minister went on to question the West’s anti-Russia sanctions. He argued that they have failed to force Moscow to end the conflict, while Europe’s economy has “faced incredible difficulties,” and that “the tenth sanctions package will only be suitable for causing further damage to us Europeans, similar to the previous nine ones.”

Since the start of large-scale hostilities in Ukraine almost a year ago, Hungary, which is heavily dependent on Russian energy, has been critical of Western sanctions against Moscow. It has also refused to support Kiev with weapons, or allow arms transfers across its border with Ukraine.

February 12, 2023 Posted by | Corruption, Economics, Militarism | , , , | Leave a comment

‘Nobody can tell us how to live’: Hungary slams US envoy for meddlesome remarks

“We welcome non-governors and non-regents”

Press TV – February 3 2023

Hungarian Foreign Minister Peter Szijjarto has lashed out at the US ambassador to Budapest for meddling in the country’s internal affairs over its support for Russia, saying, “Nobody can tell us from the outside how to live.”

Szijjarto issued the scathing rebuke on Thursday after David Pressman, who has represented Washington in Budapest since September last year, censured Hungary’s push for the continuation of policies endorsed by Russian President Vladimir Putin and the country’s opposition to Western-led anti-Russia sanctions over the conflict in Ukraine.

“Nobody can tell us from the outside how to live, so it is of no interest what a citizen of another country – be it an ambassador – thinks about the domestic political processes in Hungary,” Szijjarto said at a press conference. “We ask for more respect for the Hungarians, even from the ambassador.”

Stressing that it is not Pressman’s “job to interfere in the internal affairs of Hungary,” the Hungarian foreign minister said, “If he wants to use his stay in Hungary to qualify the activities of the government elected by the Hungarian people with a fairly clear majority… then he will have a very difficult time.”

Szijjarto said when Hungary receives foreign ambassadors, it expects them to behave appropriately and work to improve bilateral relations, emphasizing that the era of foreign envoys telling Hungarians how to live in their own country “is over.”

Hungary has on numerous occasions voiced opposition to Western sanctions against Moscow in response to Russia’s protracted military operation in Ukraine, arguing that the restrictions have wreaked havoc on the EU economy.

Last month, Hungarian Prime Minister Viktor Orban also slammed Germany’s decision to support Ukraine by supplying 14 Leopard 2 tanks, warning that such steps would make Western countries active participants in the conflict. Orban stressed that, instead of arming Kiev, the West should pursue “a ceasefire and peace talks” in Ukraine.

Russia launched what it calls a special military operation in Ukraine on February 24, 2022, over the perceived threat of the ex-Soviet republic joining NATO and to “de-Nazify” Kiev. Since then, the United States and Ukraine’s other allies have sent Kiev tens of billions of dollars’ worth of weapons, including rocket systems, drones, armored vehicles, tanks, and communication systems.

Western countries have also imposed a slew of economic sanctions on Moscow. The Kremlin has said the sanctions and the Western military assistance will only prolong the war.

February 3, 2023 Posted by | Civil Liberties, Economics, Russophobia | , | Leave a comment

Almost all Hungarians oppose sanctions on Russia – survey

RT | January 14, 2023

The overwhelming majority of Hungarians are opposed to sanctions the West has imposed on Russia over Ukraine and believe that they are detrimental to the economy, the nation’s government said on Saturday, citing the results of a countrywide questionnaire, or “consultation.”

In a Facebook post, the Hungarian government revealed that “97% of Hungarians reject sanctions that cause serious damage,“ adding that “The message is clear: the Brussels sanctions policy must be reviewed.”

Szentkiralyi Alexandra, a government spokeswoman, said that the restrictions the EU had imposed on Russia over Ukraine had failed to stop the conflict, but caused a lot of economic issues for Europe. In this vein, Hungarians tend to reject oil restrictions and planned gas sanctions, she noted.

“The people taking part in the consultation say a clear ‘no’ to sanctions that further increase food prices or place additional burdens on European tourism,” Szentkiralyi added.

The spokeswoman pointed out that Hungary is the first EU country to poll its citizens about the sanctions’ impact. She also described the consultation as “a guideline for Hungarian public actors,” with the results set to be delivered to EU authorities in Brussels. “This is quite necessary because they want to introduce new sanctions instead of revising the sanctions policy,” Szentkiralyi explained.

She went on to thank about 1.4 million people that took part in the survey, noting that detailed results would be released in the near future. The consultation on the matter was launched in mid-October and included seven questions about sanctions on the oil, gas, raw materials export, and nuclear and tourism spheres.

In recent months, the sanctions the West imposed on Russia over the Ukraine conflict have exacerbated Europe’s energy crisis, causing fuel prices and costs of living to surge.

Hungary, which is heavily dependent on Russian energy, has long been critical of EU sanctions policy. On Friday, Hungarian Prime Minister Viktor Orban said that by promoting sanctions in the bloc, German politicians had “miscalculated,” but do not have the courage to admit that.

Last month, Russian Finance Minister Anton Siluanov said that the sanctions were taking a heavy toll on the European economy. He also claimed the US was the only nation benefiting from them, since it has been selling liquified natural gas to Europe at lucrative prices.

January 14, 2023 Posted by | Malthusian Ideology, Phony Scarcity, Russophobia | , | Leave a comment

Hungary in ‘culture shock’ from German policies – Orban

Hungarian Prime Minister Viktor Orban. © ATTILA KISBENEDEK / AFP
RT | January 13, 2023

Policies introduced by Germany and German politicians within the European Commission and the way they “miscalculated” the effects of anti-Russian sanctions has caused a “culture shock” in Hungary. The EU doesn’t have the courage to admit the fallacy of its sanctions policies, Hungarian Prime Minister Viktor Orban said in an interview on Friday.

“I grew up with the feeling that the Germans are precise, engineers, they calculate, take their time, they know what they are doing,” Orban told Kossuth Radio, adding that now that perspective has changed.

“Now we see what they are doing, because the European Commission has a German chairman,” Orban continued, referring to EU Commission President Ursula von der Leyen. “They failed with the sanctions, miscalculated and did not count to the end from a professional point of view,” he added.

According to the PM, the EU doesn’t have the courage to admit the fallacy of its sanctions policies against Russia amid the ongoing conflict in Ukraine. Orban noted, however, that Hungary lacked the strength to change the position of larger countries, meaning that sanctions on Moscow will likely continue despite their ineffectiveness.

Hungary, which relies heavily on Russian energy, has on several occasions criticized EU leaders for being responsible for the ongoing energy crisis by introducing “counterproductive” sanctions on Moscow. Budapest has repeatedly asked to scrap the “failed policy of Brussels” in order to stop Europe from “slowly bleeding.” Hungary has also been one of the few Western states that have so far refused to send any weapons to Ukraine or train its troops.

“If it were up to us, there would not be a sanctions policy,” Orban said last month. “It is not in our interest to permanently divide the European and Russian economies into two, so we are trying to save what can be saved from our economic cooperation with the Russians.”

Hungary’s relations with the EU have been particularly strenuous in recent months as Budapest has also clashed with several EU institutions on a number of issues, including LGBTQ rights and migration. Brussels, in turn, has accused Orban’s conservative government of eroding the rule of law while Western establishment media outlets have treated him like an authoritarian leader that is too sympathetic to Russian President Vladimir Putin.

January 13, 2023 Posted by | Economics, Russophobia | , | Leave a comment

Orban’s minister takes a jab at US

Free West Media | January 12, 2023

BUDAPEST – Hungary and Serbia want peace in Ukraine as soon as possible. Above all, they are against the negative effects of the EU’s anti-Russian sanctions on their economies. That is the conclusion of recent talks between Hungarian Foreign Minister Péter Szijjártó and his Serbian counterpart Ivica Dacic. Szijjártó pointed out how the two countries were experiencing the terrible consequences of the war – economically as well as in terms of safety due to their proximity to Ukraine.

Other countries, thousands of kilometers away from the conflict zone, do not have to face the same impact, he argued.

“It may not look so serious to them, but those who promote an escalation or prolong the war are acting against our national interests,” said the Orban minister, alluding to the US and its ongoing massive support for Ukraine. “Neither the Hungarians nor the Serbs are responsible for this war, but both peoples are paying for it. That is why we are interested in ending the armed conflict as soon as possible,” Szijjártó stressed.

Last month, the Hungarian Prime Minister Viktor Orbán had warned that the Ukraine crisis would continue as long as the US supported the Kiev regime with money and weapons.

There was a real danger that the Ukraine conflict could drag on for decades and Washington is responsible for the escalation, he said. “Ukraine can only fight as long as the USA supports it with money and weapons. If the Americans want peace, there will be peace,” Orban told the newspaper Magyar Nemzet.

“It is not in our interest to cut off all our economic relations with Russia. We look at these issues through the Hungarian prism and not through that of other countries,” he noted.

January 12, 2023 Posted by | Economics, Militarism | , , , | Leave a comment

Ukraine to hike transit fees for Russian oil to EU – Transneft

RT | December 27, 2022

Ukraine will raise transit fees for Russian oil running via the Druzhba pipeline through its territory to the EU on January 1, Russian oil exporter Transneft announced on its website on Monday.

It is expected that Kiev will increase tariffs for transporting crude to Hungary and Slovakia by €2.10 per ton to €13.60 ($13.90), bringing the total hike to 18.3%.

In November, Bloomberg reported that Ukraine was mulling a tariff hike on Russian oil transit starting next year, citing a letter from Ukrtransnafta, the operator of Ukraine’s oil pipeline network. The Ukrainian operator had attributed the need for the price hike to the “continued destruction of Ukrainian energy infrastructure” which had resulted in “a significant shortage of electricity, an increase in its costs, a shortage of fuel, and spare parts.”

Transneft spokesman Igor Demin confirmed to the Russian media that the company had received the letter and was studying it.

Ukrainian oil transit fees have already been raised twice this year. The last hike in April reportedly brought the total increase to 51% on an annual basis.

Druzhba, one of the longest pipeline networks in the world, carries crude some 4,000 km from Russia to refineries in the Czech Republic, Germany, Hungary, Poland and Slovakia.

December 27, 2022 Posted by | Malthusian Ideology, Phony Scarcity | , , , , , , | Leave a comment

Hungary wants European Parliament dissolved

RT | December 22, 2022

The recent corruption scandal in the European Parliament (EP) is a sign that the EU institution should be abolished in its current form, Hungarian Prime Minister Viktor Orban said on Wednesday. He added that the EP already had an abysmal reputation.

Orban’s remarks came after Eva Kaili, a Greek politician who served as one of the European Parliament’s vice presidents, was arrested and charged this month with corruption for receiving bribes from Qatar.

“The Hungarians would like for the European Parliament to be dissolved in its current form,” he said at a press conference in Budapest.

Orban argued that the scandal “draws attention to the fact that national parliaments have a stronger control system in place,” adding that legislators from the parliaments of member states should be delegated to the European Parliament, as opposed to being elected separately.

“And they obviously know our political position: the swamp must be drained,” the prime minister said.

Budapest has repeatedly clashed with the European Parliament and other EU institutions over a number of issues, including migration and LGBTQ rights. Brussels, in turn, accused Orban’s conservative government of eroding the rule of law at home.

Hungary, whose economy heavily depends on Russian energy imports, has also criticized the EU sanctions imposed on Moscow in response to the military operation in Ukraine, which was launched in late February. Unlike many of the bloc’s member states, Orban has refused to send weapons to Kiev.

“If it were up to us, there would not be a sanctions policy,” Orban said on Wednesday. “It is not in our interest to permanently divide the European and Russian economies into two, so we are trying to save what can be saved from our economic cooperation with the Russians.”

December 22, 2022 Posted by | Civil Liberties, Corruption, Economics | , | Leave a comment

Hungarian Parliament Speaker: West’s Push to Turn Ukraine Into Anti-Russian Bridgehead is a ‘Strategic Mistake’

Samizdat – 21.12.2022

Budapest has stood alone among NATO’s Eastern European flank in rejecting the transfer of weapons to Ukraine via its territory. Prime Minister Viktor Orban has essentially labeled the Ukrainian conflict a Russia-US proxy war, citing the need for peace talks between Russia and the US, rather than Moscow and Kiev, for the conflict to stop.

Hungarian Parliament speaker Laszlo Kover has lashed out against Western governments’ “hypocritical” behavior in Ukraine, and warned that the West’s attempts to pry Kiev out of Russia’s orbit and turn it into an armed base against Russia has proven to be a “strategic mistake.”

“I think the Western world made a strategic mistake when it tried to not only take Ukraine out of Moscow’s sphere of interest, but also turn it into a large military base against Russia,” Kover said in a broad ranging interview with a Hungarian radio station on Tuesday.

Asked whether he sees any prospects for a diplomatic resolution to the crisis, Kover said that if he “wanted to be cynical,” he would point out that Western countries have already found a workaround, by “proclaiming the protection of European values and international law and accusing Russia of all kinds of crimes, with basis or without basis. In the meantime, they have tried to stock up on Russian oil and gas, so their trade volume with Russia actually jumped radically after sanctions were announced.”

The politician, who is a member of Prime Minister Orban’s Fidesz party, accused Hungary’s European allies of engaging in a “hypocritical show” in Ukraine and behaving in a “terribly hypocritical and irrational” way, destroying their own economies, even as the United States “has embarked on the path of an openly protectionist economic policy,” by setting up trade barriers to European automobiles, for example, making American cars 25-30 percent cheaper than their European-made counterparts.

“This is clearly offensive. It violates all kinds of free trade rules and agreements, and of course violates the legitimate interests of European car manufacturers. Now, compared to this [the crisis with Russia, ed.] the leaders of the EU member states and the European Council are watching events with drooling glee, and we haven’t seen even a harsh outburst or verbal reaction, lest they take some kind of countermeasure, some kind of defensive step,” Kover complained.

The parliament speaker suggested that from the “first moment” of the Russia-West proxy conflict in Ukraine, the goal was to try to “destroy Russia economically, politically, in every sense” and to separate Moscow from the European Union, “to create a new Iron Curtain,” no matter the cost to Europe.

“This means in practice that the space of continuous economic and political cooperation based on mutual, fair consideration of interests, which could have been created in a unified Eurasia stretching to Portugal to say, Southeast Asia, seems to be falling apart at this moment, and I think that the damage caused by this conflict will stay with us for the rest of our lives,” Kover said.

Kover stressed that Hungary’s position has been and remains to defend its elementary economic interests by withdrawing from some EU-level sanctions against Russia “to prevent decisions that harm us more than Russia.” The official added that “the whole sanctions regime has hurt Europe much more than Russia, and I think we should fight here in Central Europe so that this scenario, where we become the eastern periphery of a North Atlantic empire, does not come true.”

Kover reiterated that measures were necessary “to try to end this armed conflict as quickly as possible,” even if it takes “years before this can take the form of some kind of peace treaty.” In the meantime, “we should try to create a new Central European or pan-European peace system in which each [country’s] security needs are taken into account by the other side,” the official said.

As for NATO’s role in the Ukraine crisis, Kover urged the Western alliance to stick to preparing to defend the sovereignty and security of alliance members, and not allow the bloc to drift into a hot war with Russia. “It’s very close to it anyway, because while no NATO members are involved in the war de jure… when a country supplies weapons to another that is at war or when a country or political community tries to destabilize the economic life of another country via various sanctions, blockades or the freezing of assets, this can be considered a kind of warfare.”

Relations between Hungary and Ukraine have been strained since the 2014 Euromaidan coup, which brought nationalist forces to power in Kiev which gradually moved to deprive the 150,000-strong community of ethnic Hungarian Ukrainians living in western Ukraine of their rights, including the right to receive an education in their native tongue.

Amid the escalation of the crisis, Hungarian and Ukrainian officials have gotten into a series of vicious verbal spats, with Ukraine’s Foreign Ministry asking Kover to produce a note from a psychiatrist on his mental state after the speaker suggested that Ukrainian President Volodymyr Zelensky was suffering from a “mental problem.”

December 21, 2022 Posted by | Economics, Militarism, Russophobia | , , , , | Leave a comment

Can Hungary act as a bridge between Iran and Europe?

By Mohammad Salami | The Cradle | December 7, 2022

Upon signing the protocol of the third session of the joint commission for economic cooperation between Iran and Hungary on 16 November, Hungarian Foreign Minister Péter Szijjártó expressed support for Iran’s right to the peaceful use of nuclear energy.

He also wrote on his Facebook page that the Hungarian government intends to integrate Iran into the international cooperation system and that Budapest plans to expand economic cooperation with sanctioned Iran with the aim of “normalizing the situation.”

After regaining power in 2010 and forming a government, Hungary’s ruling Fidesz Party defined its main priority as improving the nation’s economy, creating jobs, and attracting foreign direct investment (FDI). Budapest gradually moved to provide the necessary legal platforms through which foreign companies could make investments, especially in the industrial sector.

Arguably, Hungary’s foreign policy is therefore heavily focused on the development of economic relations with foreign partners to maintain and continue economic growth and attract more FDI.

Between 1989 and 2019, Hungary received approximately $97.8 billion in FDI, mainly in the banking, automotive, software development, and life sciences sectors. The EU accounts for 89 percent of all in-bound FDI.

Hungary’s “Eastern Opening” policy

However, the presence of eastern countries and the increase in the volume of trade and investment in Hungary is particularly noteworthy. This presence is due to Hungary’s “Eastern Opening” policy, which has become one of the principles of the country’s foreign policy and economy since 2012.

The global financial and economic crisis of 2007-2009 and its impact on the European economy was one of the catalysts for the Hungarian government in launching this initiative. As a result of this policy, China has become Hungary’s fifth most important trade partner with bilateral trade volume in 2020, having increased by more than 25 percent year-on-year.

Regardless of the debatable success of this policy, there are two points which make Hungary willing to continue this policy resolutely:

First, Hungary’s location as the gateway to Western Europe positions Budapest as an important access point to those markets, even potentially a logistics and transportation hub between the EU and Asia.

Second, is Budapest’s assumption that a genuine representation of Hungarian national interests is only possible once the country attains more global visibility and is able to parlay that into support from relevant international and regional players.

Iran and Hungary

Iran-Hungary relations cannot be separated from Budapest’s key “Look to the East” policy. Hungary has a special view of the east, including West Asia, and considers Iran to be an important strategic player in the region.

“The Hungarian government has always supported Iran’s balanced approach in international forums and the further development of bilateral ties,” Péter Szijjártó said in July.

The cooperation between Budapest and Tehran has been prioritized in several fields: energy, trade, migration, student exchanges, and support for Iran’s nuclear negotiations.

In the economic sector, Iran and Hungary have signed three economic cooperation protocols to date. Most of the cooperation is in the field of agriculture, animal husbandry, and healthcare. Moreover, the volume of economic trade between the 2nd and the 3rd Joint Economic Cooperation Commission has increased by 55 percent.

Following a recent meeting in Budapest, Iran’s Finance and Economic Affairs Minister Ehsan Khandouzi announced the two countries’ plans for boosting their annual bilateral trade to €100 million. In addition, Iran and Hungary signed a memorandum of understanding in late 2021 to expand economic cooperation in the fields of water treatment, seeds, power plants, animal feed and building materials, and joint investment opportunities.

“We would like Iran to return to the system of peaceful collaboration within the international community as soon as possible. We believe that economic cooperation may be the first step in this return,” Szijjártó said on his last visit to Iran.

In addition to economic cooperation, there are 2000 Iranian students in Hungary, and the government plans to grant scholarships to 100 Iranian students. Budapest also appreciated Iran’s role in preventing the flow of migrants to Hungary, especially Afghans, and politically supports Iran’s acquisition of peaceful nuclear technology.

Capitalizing on Budapest’s strained EU ties

From Iran’s point of view, Hungary can help it to bypass sanctions, enter global markets, and act as a mediator in easing belligerent European policies against Iran. Budapest’s tension with the EU in adopting policies that, in some cases, violate the EU’s own procedures and regulations, also incentivizes Iran to deepen its strategic partnership with Hungary to help further Tehran’s interests in Europe.

Hungary and the EU have been clashing for years on issues ranging from judicial independence to media freedoms and refugee rights. In September, several EU lawmakers declared that Hungary had become “a hybrid regime of electoral autocracy.”

In turn, Budapest has repeatedly accused Brussels of undermining its national interests and meddling in its internal politics. In 2018, Hungary passed a law in that criminalized helping illegal asylum seekers, which punishes violators with up to a year in prison. The EU strongly condemned the new legislation, but Hungary stood firm.

An eastward outlook

The opposition of the EU to Hungary and the adoption of its closer alignment with the east has prompted Budapest to take a positive, more proactive view toward countries like China, Russia, Iran, and to some extent, Turkey.

Currently, Hungary enjoys strong economic and energy relations with Russia. By opposing a visit by the special rapporteur on human rights to Russia, Budapest became the only European capital to take this stance.

While Hungary voted in favor of two 2014 resolutions against Russia over Ukraine, it has also opposed an €18 billion EU aid package to the embattled state.

Budapest is highly dependent on Moscow for energy supplies with 85 percent of the country’s gas and 65 percent of its oil supplied by Russia. Unlike the other energy dependent EU members, Hungarian authorities are strongly and openly opposed to sanctions against Russia, particularly in the energy sector.

In regard to 2022 energy shortages, Hungary’s foreign minister has even encouraged Europe to look to Tehran: “Iran’s stronger entry to the global energy market is in line with the interests of the world’s entire countries and nations.”

On the issue of Sweden and Finland joining NATO, Hungary – like Turkey – has declared its opposition to the plan, which is essentially opposition to the expansion of NATO in Europe or to the east.

Hungary’s common positions with Russia and the eastern bloc inevitably overlaps with some of Iran’s policies. By coordinating with both Europe and West Asia, deepening strategic relations between Budapest and Tehran can become a means to advance their mutual goals and interests.

At the same time, Hungary will be wary of potential western sanctions if it is viewed as growing too close to Iran.

December 7, 2022 Posted by | Economics | , , , | Leave a comment

Ukraine to hike transit fees for Russian oil to EU

RT | November 22, 2022

Ukraine has announced plans to raise transit fees for Russian oil running through the Druzhba pipeline to the EU, due to higher costs resulting from Russian air and missile strikes targeting the country’s energy infrastructure.

Ukrtransnafta, the operator of Ukraine’s oil pipeline network, is expected to increase tariffs for transporting crude to Hungary and Slovakia by €2.10 per ton to €13.60 ($13.90) starting on January 1, according to a letter from the company seen by Bloomberg. Its Russian counterpart Transneft confirmed to RIA Novosti that it has received a letter and is studying it.

“We are studying these proposals, preparing relevant reports to the Federal Antimonopoly Service and the Energy Ministry,” Transneft spokesman Igor Demin told the agency.

The Ukrainian company has attributed the price hike to the “continued destruction of Ukrainian energy infrastructure” which has resulted in “a significant shortage of electricity, an increase in its costs, a shortage of fuel, spare parts.”

Ukrainian oil transit fees have already been raised twice this year. The last hike in April reportedly brought the total increase on an annualized basis to 51%.

Druzhba, one of the longest pipeline networks in the world, carries crude some 4,000km from Russia to refineries in the Czech Republic, Germany, Hungary, Poland and Slovakia.

November 22, 2022 Posted by | Aletho News | , , , , , , | Leave a comment

Hungary reveals cost of sanctions on Russia

RT | November 18, 2022

The Hungarian economy is losing billions of dollars due to Western sanctions on Russia, Prime Minister Viktor Orban said on Friday.

“The policy of sanctions,” which has led to a drastic surge in energy prices across the EU, will cost his country’s economy $10 billion a year, he stated.

Orban explained that the pressure on the Hungarian budget will result in cuts to social spending, adding that from this perspective, Hungary’s stance against the sanctions “doesn’t seem to be excessive.”

Earlier this week, speaking with local media, he said that “the policy of sanctions is a way to war,” and stressed that the main goal for Budapest is to avoid a Europe-wide recession.

The Hungarian leader is a vocal critic of the EU’s approach towards the conflict in Ukraine, and has repeatedly said that the sanctions imposed on Moscow are hurting the EU more than they hurt Russia.

Hungary’s economy heavily relies on Russian energy, and the government has resisted EU plans to completely ban oil and gas imports from the country. After tense negotiations, Budapest received several exemptions from the bloc-wide restrictions on purchases of Russian fossil fuels.

November 18, 2022 Posted by | Economics, Russophobia | , | Leave a comment

« Previous Entries     Next Entries »