Orbán: ‘Sanctions were not decided democratically’
Free West Media | October 5, 2022
Hungarian President Orbán has once again positioned himself as a committed advocate of genuine European interests and persists in his criticism of the EU’s sanctions policy against Russia.
At least in Hungary, citizens will be able to vote on the sanctions that are causing massive damage to Europe, after Orbán confirmed that there would soon be a referendum on this.
“The sanctions were not decided in a democratic way, but decided by Brussels bureaucrats and European elites,” he said in the Budapest parliament. “Although Europe’s citizens are paying the price, they have not been asked,” he added, underlining that “the sanctions imposed are causing enormous damage to Europe.”
Orbán recalled that since the war began, Russia has earned 158 billion euros over the last six months from energy exports at increased prices. That is more than Russia’s total annual export earnings for 2021 in half a year. Half of this, 85 billion euros, was paid for by the EU countries.
Orbán considers this situation to be intolerable: “European companies are unable, or only with difficulty, to pay the sanctioned energy prices. We are waiting for an answer, the whole of Europe is waiting for an answer from Brussels on the question of how much longer we have to go through with this. If this continues, all of Europe will be ruined. It’s time to talk openly about this with our American friends while it’s not too late.”
Energy dwarfs sanctioning a giant
Free West Media | September 21, 2022
The EU is targeting Hungary again. Brussels has now cleared the way for massive financial sanctions against Budapest as a tit-for-tat for Hungarian foreign policy, which includes strict neutrality on the issue of Russia sanctions and continuous gas supply contracts with Gazprom.
The EU Commission agreed on Sunday to block EU payments amounting to around 7,5 billion euros since the money is not safe from “misuse” in Hungary, explained Budget Commissioner Hahn. Just recently, a resolution was passed in the European Parliament with a majority of left-wing and green MPs accusing Hungary of no longer being a “democracy”.
The Hungarian government under Viktor Orbán has not contested this move. Orbán instead again criticized Brussels’ course on energy. It is absurd that “dwarfs want to put sanctions under pressure on an energy giant,” said the Hungarian head of government during a visit to Serbia.
Hungary’s gas storage depots are full, Budapest has also negotiated additional supply guarantees with Gazprom, and the price of petrol for Hungarian citizens has been reduced to 1,18 euros per liter.
Against this background, Orbán declared during his visit to Serbia, during which he was awarded a medal by President Vučić: “The stronger impose sanctions on the weaker. But if you look at the energy realm, you see that we, as dwarfs, are now imposing sanctions on an energy giant,” which is a completely unusual phenomenon in history.
“These new sanctions hurt us a lot, so they are bad and painful for us, they cost us a lot of money, and they also threaten a significant part of the gains we have made over the past decade.”
The head of the German Institute for Economic Research (DIW), Marcel Fratzscher, came to a similar conclusion. He told the Reuters news agency that “the Ukraine war caused massive damage to the German economy”.
“Roughly speaking, we are talking about four to five percentage points of gross domestic product being lost over a three-year period,” said Fratzscher. “That’s 150 to 200 billion euros less economic output.”
He warned of “a significant decline in private consumption and thus in the standard of living of an unusually large number of people”. A Forsa survey showed recently that the majority of Germans were no longer willing to accept financial disadvantages because of the federal government’s sanctions against Russia.
Hungary ‘bored’ by EU resolutions
Orbán also commented on the EU Parliament’s latest resolution in Belgrade, saying: “The only reason we are not laughing at this report is that we are already bored […] It is the third or fourth time that this is happening, that a resolution is being passed in the European Parliament condemning Hungary.”
The European Christian Democrats were also moving further and further to the left. “The voting shares show exactly that: the right-wing parties voted for Hungary and the left-wing parties against,” Orbán pointed out.
Meanwhile, a Hungarian delegation led by the Mayor of Budapest Istvan Tarlos visited the city of Samarkand.
A Samarkand official welcomed the Hungarian delegation, and told them about the economic potential, tourism opportunities of the region. Prospects of expanding trade, economic, tourism and other cooperation between Samarkand and Budapest were discussed.
Guests from Hungary got acquainted with historical and cultural monuments, as well as the sights of Samarkand.
EU Threatens To Suspend €7.5BN In Hungary Funding Amid Charges Of ‘Cozying Up’ To Putin
By Tyler Durden – Zero Hedge – September 19, 2022
The EU’s patience with Viktor Orban’s Hungary is running extremely thin after years of wrangling and threats from Brussels of triggering the “rule of law” mechanism, despite recently announced efforts of Budapest to establish an anti-graft agency.
It seems Russia’s war in Ukraine is hastening a confrontational and fractured ending to the standoff, with the EU on Sunday threatening to freeze 7.5 billion euros which had been earmarked for Hungary, citing persisting corruption and fraud.
It’s been no secret that Orban has been a thorn in the side of European efforts to punish and isolate Putin’s Russia. While Hungary has demanded exemptions from EU energy sanctions on Russia, and has meanwhile enjoyed cheap gasoline and other energy at a moment prices in the rest of Europe have gone steadily up over the course of the war – and into what’s sure to be a tough winter – the belief among leading EU states is that joint bloc anti-Russia actions have been largely blunted. The timing of the fresh EU threats is not going unnoticed.
Bloomberg in a fresh report has put the dilemma as follows: “But while most member states have been engaged in a desperate scramble to secure alternative gas supplies ahead of the winter, Orban has deepened his country’s ties to the Kremlin, exploiting the exemptions he demanded from EU sanctions to secure increased imports of gas from Russia.”
Poland has remained a powerful impediment thus far to Brussels triggering any significant rule of law penalties, despite Warsaw remaining at the forefront of denunciations of Russia’s invasion.
“During years of frustration at the Hungarian government, Orban has been shielded from the EU’s main disciplinary machinery, known as the article 7 procedure, by the support of the nationalist government in Warsaw — because that mechanism too requires the endorsement of all the other members,” Bloomberg recounts. “The war in Ukraine has soured Orban’s relationship with the Polish government, which has been among the most ardent supporters of firm action against Putin, but for now the Poles are standing by Orban.”
Orban has cast efforts to “punish” his country in terms of a war on traditional values. For now, Poland seems to agree… the vast divergence in rhetoric on the Russia-Ukraine conflict notwithstanding.
Prime Minister Mateusz Morawiecki said Sunday, “Poland will strongly oppose any action of European institutions that intend to unduly deprive any member states of funds, in this case Hungary.”
Interestingly (given the timing of the EU’s threat to freeze funds), just days ago PM Orban reportedly told a closed-door meeting of officials from his ruling Fidesz party that he would fight efforts to extend EU sanctions on Russia:
Hungarian Prime Minister Viktor Orban expects European Union leaders to start talks on extending sanctions on Russia in the autumn but Budapest would try to block the move, Radio Free Europe/Radio Liberty reported, citing unidentified sources.
Orban, a harsh critic of EU sanctions on Moscow over its invasion of neighbouring Ukraine, made the remarks at a closed meeting to party members in the western village of Kotcse last week, RFE/RL said on its Hungarian website on Friday.
He also appeared to once again blame the West for the Ukraine conflict spiraling out of control, and continued his theme of anti-Russia sanctions ultimately blowing back on populations at home, or shooting the European economy in the foot.
Russian media too has been featuring recent quotes of Orban’s lambasting collective Western policy: “The Hungarian leader allegedly told his supporters that he believed Ukraine may end up losing between one third and one half of its territory due to the conflict with Russia, RFE/RL reported on Friday, citing participants of the meeting in the village of Kotcse.”
Budapest has meanwhile lashed out at the European Parliament’s (EP) recent move to approve a resolution stating that Hungary is no longer a “full democracy.” That nonbinding EP vote from last week cited Hungary’s failures to uphold “respect for human dignity, freedom, democracy, equality, the rule of law, and respect for human rights, including the rights of persons belonging to minorities” – as the text reads, in repetition of prior EP statements.
A Fidesz statement said in response: “It is unforgivable that, while people are suffering from the severe economic effects of wartime inflation and misguided sanctions, the European Parliament is attacking Hungary again.”
Hungary to Ask Europe to Stop Escalation of Ukrainian Crisis, Foreign Minister Says
Samizdat – 30.08.2022
BUDAPEST – Hungarian Foreign Minister Peter Szijjarto stated on Tuesday that he will ask Europe to stop any actions that escalate the crisis in Ukraine.
“A the meeting of the EU foreign ministers today I will ask that we finally reject the proposals that entail the threat of further escalation… and that we focus on establishing peace in Europe,” Szijjarto said ahead of the informal ministerial meeting in Prague.
According to the minister, if there is no peace in Ukraine in the near future, the consequences of this conflict will be even more tragic, with more people becoming refugees, and Europe facing an unprecedented crisis. The question of Europe’s energy supply will become even more serious, Szijjarto said.
Earlier, Russia sent a note to NATO countries over arms supplies to Ukraine. Russian Foreign Minister Sergei Lavrov stressed that any cargo that contains weapons for Ukraine will become a legitimate target for Russia. The Russian Foreign Ministry said that NATO countries were “playing with fire” by supplying weapons to Ukraine. Russian presidential spokesman Dmitry Peskov noted that pumping Ukraine with weapons from the West does not contribute to the success of Russian-Ukrainian negotiations and will only have a negative effect.
Hungary Urges Foreign Ambassadors to Act Like Diplomats, Not Viceroys
By Ilya Tsukanov | Samizdat | August 29, 2022
Hungary has stood alone among its neighbors in refusing to slap new sanctions on Moscow, and has rejected demands by Brussels to rapidly cut dependence on Russian energy supplies. Budapest has also denied access to its territory for Western arms delivery to Ukraine, saying the security crisis can only be resolved through talks.
Hungary will independently determine what policies it will pursue, and foreign ambassadors should do their duty instead of lecturing Budapest, Foreign Minister Peter Szijjarto has urged.
“We do not send viceroys to other countries, but ambassadors…and receive ambassadors, not viceroys,” Szijjarto said in a meeting with Hungarian diplomats.
“And in the future we will not tolerate it if a representative of some other country decides that that they can teach us about a different or better life. Thanks very much, but we aren’t asking for that. We can determine ourselves how we should live in Hungary. The Hungarian electorate regularly decides this question in elections,” the foreign minister said.
Szijjarto warned foreign diplomats stationed in Budapest that any ambassador who sees themselves as a viceroy rather than a diplomat will “have difficulties,” because Hungary will not bow to any “bad compromises.”
Hungary, Szijjarto said, has based its foreign policy on mutual respect, and will continue to do so. “This means that we have behaved as representatives of a national government with a thousand year history and the corresponding self-confidence, giving respect to our partners and expecting the same respect in return.”
Hungary summoned Estonia’s ambassador to Budapest earlier this month over what Hungary’s Foreign Ministry characterized as “unacceptable’ comments made by politicians in Tallinn, who have criticized Hungary over its foreign policy vis-à-vis Ukraine and Russia.
Budapest has demonstrated its domestic and foreign policy independence for more than a decade, with the government of Prime Minister Viktor Orban getting into spats with Brussels on a broad range of issues from immigration to a move to kick a George Soros-funded university out of the country.
After the escalation of the Ukraine crisis in February, Hungary hesitated in signing on to the raft of new European Union sanctions against Russia, refused to allow convoys of NATO military equipment to use the country to transfer weapons to Kiev, and has continued to buy Russian oil and gas, warning that the Central European country’s economy would collapse otherwise.
Last month, summarizing the impact of months of Brussels’ policy, Orban reveled in the correctness of his approach, comparing the West’s policy vis-à-vis Russia to a “car with flat tires on all four tires” and pointing out that sanctions had made no change in Moscow’s course, but only cost Europe four governments.
Orban also warned last month that Europe would be turned into a “war economy” by October if Brussels didn’t change course on its “ineffective” sanctions against Russia and weapons deliveries to Ukraine. “You do not usually put out fires with flamethrowers,” he stressed.
Hungary’s unique approach to the Ukrainian crisis also stems in part from Budapest’s bad blood with its neighbor over its treatment of ethnic Hungarian Ukrainians following the 2014 Maidan coup, after which the minority gradually lost its right to receive an education in its native tongue.
In June, a vicious back-and-forth war or words broke out between Ukrainian and Hungarian officials after Hungarian parliamentary speaker Laszlo Kover suggested that Ukrainian President Volodymyr Zelensky was suffering from a “mental problem” accounting for his government’s undiplomatic approach to asking Western countries for help against Russia.
Hungary Says There Are EU Countries That Silently Oppose Anti-Russian Sanctions
Samizdat – 28.08.2022
Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto has stated that Budapest is not alone in its reluctance to slap sanctions on Russian energy exporters, but that other countries, who are under the influence of the “liberal mainstream,” don’t dare to pursue policies based on their own interests.
Speaking at the TRANZIT public forum in Tihany, Hungary on Saturday, Szijjarto said that he would like to clarify that his country is “not even willing to negotiate any further sanctions” pertaining to the oil and gas sector.
“And I want to say that we are not alone in this,” the top Hungarian diplomat stressed, recalling an episode during a recent EU ministerial meeting, which focused on “the issue of limiting oil from Russia.”
According to Szijjarto, during the gathering, “several colleagues” approached him and said, “Peter, you are against it [sanctions on Russian oil exports], right? We are with you.”
“Those who tell the truth are under such amazing pressure from the liberal mainstream that if there is no political stability of a certain level and, as a result, political courage in the country, they simply do not dare to act in their own interests,” the Hungarian foreign minister pointed out.
During the speech, Szijjarto also gave his thoughts on how long Europe will hinge on Russian oil and gas. He argued that “as long as gas cannot be transported by train or in a backpack, Europe will not be able to get rid of dependence on Russian energy resources.”
Last month, Hungarian Prime Minister Viktor Orban insisted that while the sanctions had failed to destabilize Moscow, “Europe is in trouble, economically and politically, and four governments have become victims: UK, Bulgarian, Italian and Estonian.”
“People will face a sharp increase in prices. And the better part of the world deliberately did not support us as well — China, India, Brazil, South Africa, the Arab world, Africa — everybody is aloof from this [Ukraine] conflict, they are interested in their own affairs,” Orban added.
Also in July, Russian President Vladimir Putin admitted that sanctions damage the country’s economy and many risks still remain, but that these restrictive measures inflict more damage on those who imposed them.
Sanctions against Russia were slapped by the US and its allies in late February, shortly after Moscow launched its special operation to demilitarize and de-Nazify Ukraine. In the wake of the West’s anti-Russian restrictive measures, inflation skyrocketed in many Western countries, driving energy prices there to record numbers.
Hungary Wants to Buy Additional Natural Gas From Russia: Lavrov

By Ilya Tsukanov – Samizdat – 21.07.2022
Hungary has asserted an independent policy unique in the European Union in relation to the Ukrainian crisis, refusing to slap sanctions on Russian energy, and refusing to allow its territory to be used by NATO to transfer weapons to Kiev.
Russia and Hungary are intent on advancing their bilateral cooperation, notwithstanding EU sanctions, and are looking to implement major projects, including in the energy sector, Russian Foreign Minister Sergei Lavrov has indicated.
“Despite the difficult international situation, despite the desire of some of our partners to increase sanctions pressure against Russia, our interaction continues, and last year we managed to overcome the recession caused by the pandemic and to achieve growth of over 25 percent in our trade turnover,” Lavrov said, speaking to his Hungarian counterpart Peter Szijjarto in Moscow on Thursday.
“We note the mutual commitment of the Russian and Hungarian governments to promote our interaction, our partnership, including in the implementation of major projects in energy, transport and other areas,” Lavrov said.
The Russian foreign minister indicated that Budapest has expressed interest in buying additional gas supplies from Russia, and that Moscow would consider this request immediately.
Hungary imports approximately 65 percent of its oil and some 80 percent of its gas from Russia, and recently refused to cut down amid Brussels’ attempts to force a “phase out” of Russian crude supplies.
“I consider your visit very timely, including for the continuation of our trust-based exchange of views on regional and international issues,” Lavrov said.
“I know that you are closely following the situation in Ukraine as it develops, including from the point of view of the Hungarian national minority, and today we will be prepared to give you our vision of how our special military operation is developing and about the prospects for resolving this serious crisis,” he said.
Hungary has refused to toe the line set by its NATO and EU allies amid the Ukraine crisis, calling for an immediate ceasefire as the only possible chance to avoid a steep economic crisis in Europe. Budapest has also been critical of Brussels’ tough sanctions against Moscow, saying they threaten to undermine Hungary’s own economic and energy security.
Last week, Hungarian Prime Minister Viktor Orban suggested that Europe had “shot itself in the lungs” with sanctions, and was now paying the price.
“At first I thought we just shot ourselves in the foot, but the European economy shot itself in the lungs and is gasping for air,” he said. “There are countries committed to the sanctions policy, but Brussels must admit that it was a mistake, that it has not fulfilled its purpose and has even had the opposite effect,” Orban added, suggesting that restrictions were hurting the EU much more than Russia.
Hungary’s relations with Ukraine worsened dramatically after the 2014 coup in Kiev, and the new Ukrainian government’s legislative efforts to deprive the community of 150,000 ethnic Hungarian-Ukrainians living in the country’s Zakarpattia region of the right to receive a public education in their native tongue.
Following the escalation of the Ukraine crisis in February, tensions have degenerated into a bitter war of words, including mutual recriminations about the state of Ukrainian and Hungarian officials’ mental health.
In May, an advisor to Ukraine’s energy minister suggested that “something” should happened to the Soviet-era Druzhba (‘Friendship’) oil pipeline carrying Russian crude through Ukraine to Hungary to speak to Orban “in the language he understands.” The same month, Orban’s name was added to a notorious Security Service of Ukraine-curated website containing the personal information of so-called “enemies of Ukraine.” Several individuals listed on the website have subsequently been killed.
EU hits back at Hungary over Russia claims
Samizdat | July 18, 2022
The EU’s top diplomat has hit back at those who criticize the Western sanctions slapped on Russia, saying on Monday that he does not believe them to be a mistake, and adding that the bloc will continue to stand by its policies.
“There is a big debate about ‘are the sanctions effective? Are the sanctions affecting us more than Russia?’ Some European leaders have been saying that the sanctions were an error, were a mistake. Well, I do not think they were a mistake, it is what we had to do and we will continue doing,” Josep Borrell, EU High Representative for Foreign Affairs and Security Policy, told reporters prior to the EU Foreign Affairs Council meeting in Brussels.
Borrell’s comments come after Hungarian Prime Minister Viktor Orban castigated EU sanctions against Russia on Friday, claiming they were “miscalculated” and could destroy Europe’s economy. He also noted that the sanctions have failed to destabilize Russia’s economy and haven’t forced Moscow to stop its military operation in Ukraine, instead causing massive damage to the EU’s economic stability.
The senior diplomat also declined to admit that oil prices soared due to the oil embargo that Brussels had imposed on Russia. He said the price of the fuel is now back at the same level as it was before February 24.
“So, how can someone say that it was the ban which has increased the price of oil?” Borrell argued.
Following the start of the Russian military campaign in Ukraine, Brent crude prices skyrocketed, reaching more than $120 per barrel in early March. Later, however, the prices went down, with Brent crude trading now at just above $100 per barrel, despite the EU’s decision on June 3 to impose an embargo on Russian oil.
Borrell said at the Council meeting on Monday that ministers would discuss a new sanctions package against Russia, as well as measures to better implement the restrictions already in place, and added that he had presented new proposals on the matter, including a ban on Russian gold.
A blow for Brussels: Hungarians are the most satisfied with their government
Free West Media | July 16, 2022
The EU keeps trying to challenge the democratic legitimacy of the Hungarian government. But there is little reason for that: not only was the Orban government in Budapest able to clinch a convincing victory in the most recent parliamentary elections, but the Hungarian population is also happier with their conservative government than voters in other EU countries.
This has now been revealed by a survey by the Hungarian Nézöpont Institute in twelve Central European countries. Accordingly, people in Hungary and Serbia are the most satisfied with the performance of their government.
The percentage of “satisfied” is 61 percent in Hungary and 60 percent in Serbia. In both countries, dissatisfaction was 33 percent. According to the researchers, the fact that satisfaction is higher than the extent of electoral victories indicates that political stability is perceived as an asset by voters, which is by no means self-evident from the examples of other countries.
Dissatisfaction is at 52 percent in Austria, 54 percent in Montenegro, 59 percent in the Czech Republic, 66 percent in Croatia, 67 percent in Poland, 71 percent in Bulgaria and 72 percent in Slovenia. The least satisfied countries included Romania (73 percent) and the region’s leader, Slovakia (74 percent), where only 24 percent of people were satisfied with the government. The survey took place in May and June.
Hungary probed over fuel subsidies
Samizdat | July 16, 2022
The European Commission announced on Friday the launch of a so-called infringement procedure against Hungary for its locals-only cap of fuel prices.
According to the report, Hungary imposes different fuel prices for vehicles with foreign and local license plates.
“Vehicles with Hungarian number plates, including tractors and agricultural machinery with Hungarian documents, are entitled to lower official fuel prices by 60 to 70%. In contrast, all other vehicles with a foreign number plate cannot benefit from such reduced prices,” the statement reads.
Hungary restricted its 480 forint per liter ($1.20) price cap for gasoline and diesel to locals only in May following an influx of drivers from neighboring countries who were coming to take advantage of the European Union’s cheapest gas. The cap was originally introduced as a measure to help shield consumers from inflation, which is at its highest level in two decades. The price cap is currently in place until October.
The Commission requested that the Hungarian authorities comply with EU law provisions pertaining to “the free movement of goods and services including transport services, the freedom of establishment, the free movement of citizens and workers, the principle of non-discrimination as well as rules on notifications under the Single Market Transparency Directive.”
EU plotting to force Hungary to pay more for oil
Samizdat | June 1, 2022
The EU is reportedly considering imposing import tariffs on Russian crude if any members of the bloc refuse to implement the terms of the newly announced embargo on oil from the country, the FT reported on Wednesday.
Earlier this week, EU member states reached an agreement on a partial ban of Russian crude from the bloc’s market. The cushioned embargo will affect about 75% of Russian oil imports, with that percentage growing to 90% by the end of the year.
However, the measure allows a temporary exemption for pipeline supplies, which was introduced to win the support of Hungary and other landlocked countries that had been blocking the proposal for about a month. The exemption reportedly didn’t come with any agreed timeframe, raising concerns that Budapest may continue importing Russian crude for as long as it wishes.
To avoid this scenario, the EU is seeking tariffs on Russian oil imports if Hungarian prime minister Viktor Orban doesn’t ultimately commit to a cut-off date, according to a senior European Commission official, as quoted by media.
The proposal of tariffs would reportedly require a qualified majority vote among the 27 member states, rather than the unanimity that is needed for normal sanctions, so Hungary could not veto the measure.
“The preferred option is the import ban,” the senior commission official told the FT, adding that tariffs are an “alternative possibility we can look into”.
If imposed, the tariffs are expected to make Russian oil less competitive, potentially forcing Moscow to discount its crude or Hungary and other nations to pay more.
Russian crude delivered through the Druzhba pipeline to Hungary, Slovakia and the Czech Republic, is reportedly 20% cheaper than the alternatives other member states have to use.
Ukraine threatens “something could happen” to oil pipeline serving EU member Hungary
Samizdat | May 26, 2022
Ukraine has “a wonderful lever of pressure” on Hungary via the Druzhba – which translates to ‘Friendship’ – oil pipeline, Ukrainian energy minister adviser Lana Zerkal claimed on Thursday.
Speaking during an online discussion at the Kiev Security Forum, Zerkal criticized the policy of the Hungarian government, which is blocking a sixth round of EU sanctions, one which would ban Russian oil. The Western countries have been imposing harsh restrictions since late February, when Moscow launched its military attack on Ukraine.
In Zerkal’s opinion, Hungary is using the Russian military offensive as an instrument to achieve its own goals and thinks that now it “can demand anything” from the EU.
“Ukraine has a wonderful lever of pressure in its hands – it’s the Druzhba oil pipeline,” Zerkal said, adding that “something could happen” with Hungary’s separate line of Druzhba.
“And, in my opinion, it would be very appropriate if something happened to it. But, again, it is in the hands of the government and the president to make decisions on political issues, to decide if we really want to talk to [Hungarian President Viktor] Orban in a language that he understands and that he imposes on the EU, or if we are not ready for that yet,” Zerkal stressed.
Zerkal later took to Facebook to clarify “her humble opinion” that “caused a diplomatic scandal,” saying “facts are a stubborn thing.”
“But, to calm the situation, it is worth specifying that the official position of the Ministry of Energy of Ukraine on this matter is unchanged. Ukraine is a reliable transporter of energy carriers to Europe,” she stressed.
While Zerkal’s words have already started to spread through Hungarian media, Budapest is yet to comment on the issue.
In a letter to European Council President Charles Michel, seen by the Financial Times, Orban reportedly told the EU that a bloc-wide ban on Russian oil would cause serious problems for his country’s economy and thus “urgent investments” from Brussels were needed.
Hungary is almost entirely dependent on Russia for its gas imports and relies on Moscow for more than half of its imported oil. The country gets 65% of its oil through the Druzhba pipeline from Russia. Addressing possible sanctions against Russia’s oil, Hungarian Foreign Minister Peter Szijjarto previously said that Budapest would back a ban on maritime shipments, but not on deliveries through pipelines.
Despite the lack of consensus within the EU, German Economy Minister Robert Habeck said on Monday that the bloc’s 27 member states “will reach a breakthrough within days” on an embargo. Any decision on EU sanctions must be made unanimously.
Ukraine has been consistently calling on the European countries to stop buying Russian energy resources, claiming that by doing so they are financing Moscow’s military offensive.
Russian President Vladimir Putin has accused European leaders of committing economic “suicide” by attempting to give up Russian energy.
