Hungary still has no intention of accepting European plans to boycott Russian oil entirely. According to Hungarian Foreign Minister Péter Szijjártó, the European proposal will seriously damage the Hungarian economy and not solve the major problems that the measure will cause for his country.
Negotiations on a proposal for an EU ban on oil imports from Russia have not yet got off the ground, as Hungary first demands guarantees for supplies to other countries.
Although the European Commission presented its proposals for a sixth sanctions package last Wednesday, no agreement has yet been reached between the 27 member states. In addition to criminal sanctions against 60 people and three Russian television channels, the EU wants to ban the import of Russian oil.
Crude oil imports should be banned within six months and refined oil imports should be banned by the end of the year. Under the plan, Hungary, Slovakia and the Czech Republic will eventually see delays and help to buy oil from the EU. But especially Hungary thinks that this is not enough.
Source: NU
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.
