The EU is waiting for the US presidential election and the end of Hungary’s presidency before discussing new Russian sanctions and reassessing Ukraine’s Victory Plan. In January, EU countries plan to resume discussions about new restrictions designed to damage the Russian economy. That is when Hungary, Moscow’s closest ally in the EU, will complete its six-mo... #EUCouncil #Hungary #Poland #SanctionsAgainstRussia #USelections #VictoryPlan
The EU is ready to end Russian gas transit through Ukraine and condemns Hungary for its agreements with Gazprom, said European Commissioner for Energy Kadri Simson after a meeting of energy ministers in Luxembourg. “We knew this contract would expire before the end of the year. The EC is working closely wi... #EnergyIndependence #GasTransit #Gazprom #Hungary #KadriSimson #RussianGas
On what terms will Ukraine receive the EU’s €35B loan? The Council of the EU agreed to provide Ukraine with a €35B package of macro-financial assistance, which will be part of a €45B ($50B) G7 loan secured by the Russian Federation’s frozen assets. ... #EUCouncil #Hungary #LoanForUkraine #RussianAssetsProfits #SupportUkraine
Orban expects Trump’s victory in the US election and for him to establish peace in Ukraine. A few days after the US presidential elections on November 5, Hungary will host EU leaders at a summit in Budapest. Hungarian Prime Minister Viktor Orbán described the upcoming summit as a moment to u... #DonaldTrump #Hungary #PeaceInUkraine #USelections #VictorOrban #WarinUkraine
Spain prevents Hungary from buying a railway company because of its importance to Ukraine. Spain has blocked the purchase by a Hungarian company of a Madrid-based train manufacturer. As the FT writes, Madrid vetoed the €619M purchase of Talgo because of the company’s ability to help r... #EuroTrack #Hungary #Spain #Talgo #UkraineReconstruction #UkrainianRailways
Ukraine has a plan to resolve the oil transit issue with Slovakia. Ukraine will guarantee the transit of oil from companies that are not subject to sanctions and is ready to settle the transit issue with Slovakia in accordance with the Association Agreement with the ... #DruzhbaPipeline #Hungary #LukOil #OilTransit #PeterSijarto #RussianOil #SanctionsAgainstRussia #Slovakia
Hungary and Slovakia’s position regarding Russian oil transit through Ukraine irritates the EU. In private conversations, EU diplomats have expressed irritation at Hungary and Slovakia’s intentions to use EU procedures to maintain their access to cheap Russian oil, contrary to the blocR... #DruzhbaPipeline #Hungary #LukOil #OilTransit #PeterSijarto #RobertFico #RussianOil #Slovnaft
Lukoil is increasing its oil exports by sea due to the ceasing of transit through Ukrainian territory, and Hungary accuses Ukraine of blackmail. The largest Russian private oil company, Lukoil, has increased oil exports through the country’s seaports, as supplies through the Druzhba pipeline to Slovakia and Hungary are currently suspende... #DruzhbaPipeline #GazpromNeft #Hungary #LukOil #OilTransit #Rosneft #SanctionsAgainstRussia
Hungary is blackmailing Ukraine by blocking €6.5B in military aid due to the cessation of Russian oil transit to the EU. Hungary will block the €6.5B military aid financing program for Ukraine under the European Peace Fund until Ukraine resumes supplies of Russian oil to Hungary, Hungarian Foreign Minister Peter Szijjár... #EuropeanPeaceFund #Hungary #LukOil #OilTransit #PeterSijarto #RussianOil #Slovakia
More than 60 MEPs demand to deprive Hungary of the right to vote in the EU. 63 European Parliament members demand that the leadership of the EU deprive Hungary of the right to vote in the EU due to the actions of Hungarian Prime Minister Viktor Orbán, writes Politico. The MEP... #EUCouncil #EuropeanParliament #Hungary #MEP #VictorOrban
The EU will boycott the foreign affairs summit initiated by Budapest because of Orban’s “peaceful” policy towards Ukraine. Hungary, which presides over the Council of the EU, plans to hold a summit of the bloc’s foreign ministers in Budapest on August 28-29. However, the EU’s ministers, with the exception of H... #Boycot #EUCouncil #Hungary #VictorOrban
Orbán met with Putin in the Kremlin: The Hungarian prime minister is trying to shift the West’s attention from supporting Ukraine to “peaceful” negotiations. Hungarian Prime Minister Viktor Orbán met with the Russian president to discuss the Russian war against Ukraine and its “peaceful settlement.” Moscow said that Orbán came not only as a par... #EUCouncil #Hungary #Putin #RussianUkrainianNegotiations #VictorOrban #WarinUkraine
Victor Orban arrived in Ukraine for the first time since 2008, pushing the Kremlin’s agenda. Prime Minister of Hungary Viktor Orban arrived in Kyiv on July 2 for a meeting with President of Ukraine Volodymyr Zelenskyy for the first time in the last 16 years. This visit took place as Hungary s... #EuropeanCouncil #Hungary #VictorOrban #Zelenskyy
On July 1, Hungary began to preside over the Council of the EU, and Warsaw assumed the head the Visegrad Four. On July 1, Hungary accepted the presidency of the EU Council from Belgium, which will last for six months. Budapest will chair the body for the second time and will be replaced by Poland in December. ... #EuropeanCouncil #Hungary #V4 #VisegradGroup
Hungary will appeal the transfer of the proceeds from frozen Russian assets to Ukraine, blocking another €6.6B in support. The Minister of Foreign Affairs of Hungary, Péter Szijjártó, said “the EU crossed a red line” by using €1.4B in Russian asset revenue to finance the supply of weapons to Ukraine, while ... #Hungary #HungaryVeto #PeterSijarto #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine #VictorOrban
Ukraine will not be a priority for Hungary during its EU presidency. Hungary’s representative in the EU, Odor Balint, said that Hungary, as the head of the EU Council, wants to “balance” the bloc’s expansion processes to promote the integration proces... #EUexpansion #EuropeanIntegration #Hungary #OdorBalint
The EU’s 14th package of Russian sanctions targets shadow tankers, exports of liquefied gas, and dozens of people who support the war. The EU will introduce restrictions on 20 individuals and 22 legal entities in the latest package of sanctions against Russia. The EU has already issued 13 sanctions packages on Russia following its fu... #Hungary #IndividualSanctions #RussianLNG #RussianOil #SanctionsAgainstRussia #ShadowFleetRussia
Renewed visa-free trade with the EU has entered into force, and Ukraine is developing logistics on the western border. On June 6, autonomous trade measures came into effect in the EU, according to which all import duties and quotas for Ukrainian exports to the European market are suspended for one more year. However, ... #agroexportukraine #CheckPoints #Hungary #TradeVisaFree #UkraineEU #UkraineExport
The EU will punish Hungary to help Ukraine’s accession to the bloc. Hungary will not retain its current position as an enlargement commissioner in the new European Commission. As diplomats told Politico, the EC is tired of Hungarian Prime Minister Viktor Orbán’s... #EUexpansion #EuropeanCommission #EuropeanIntegration #Hungary #UkraineAccessionToEU #UkraineEU #VictorOrban
The EU wants to start negotiations on Ukraine’s accession before Hungary’s presidency begins in July. On May 29, representatives from 27 European governments discussed the draft framework for negotiations on the accession of Ukraine and Moldova to the EU. As Politico writes, time is of the essence bec... #EUexpansion #EuropeanIntegration #Hungary #Moldova #OliverVarhelyi #UkraineAccessionToEU #UkraineEU
The G7 supports the plan to use Russian assets for Ukraine’s future security, and the World Bank is ready to manage the loan. The G7 finance ministers at a meeting in Italy supported the US’ idea to provide Ukraine with a loan secured by profits from frozen Russian assets. The $50B loan will be repaid through the profits fro... #AjayBanga #G7 #Hungary #LoansForUkraine #RussianAssets #RussianCentralBank #worldbank
The EU might hinder Hungary’s economy if it blocks aid to Ukraine. According to an internal EU document, Brussels will collapse the exchange rate of the Hungarian forint and reduce Hungary’s investment attractiveness, harming the “jobs and growth” o... #Hungary #HungaryEconomy #JanosBoka #UkraineFacility #VictorOrban
Hungary opposes the start of negotiations on Ukraine’s accession to the EU, but Germany supports Ukraine’s European integration. Hungarian Prime Minister Viktor Orban believes negotiations on Ukraine’s membership should not begin. “This is Hungary’s clear position,” he said, adding that Brussels “o... #ChristineHoffmann #EUexpansion #Hungary #UkraineAccessionToEU #UkraineEU #VictorOrban
The EU is negotiating with Hungary to unblock aid to Ukraine. As Reuters writes, the EU and Hungary expect to agree on financial assistance for Kyiv by the end of November. Hungary’s financing from EU funds can be restored by the end of November, a represe... #EUaidforUkraine #financialaidforUkraine #Hungary
Brussels will unfreeze €13B for Hungary to help Ukraine. The European Commission is preparing to release about €13B in EU funds by the end of November. This step will ensure Budapest’s support in increasing the bloc’s budget and providing signif... #Hungary #OTPbank #SupportUkraine #VictorOrban
Hungary opposes the new package of sanctions against Russia. In addition, the Orban government does not support the proposal to double the EU fund, which finances the supply of weapons to Ukraine, writes the FT. The publication, referencing information from hig... #EUsanctions #Hungary #VictorOrban
Hungary hinders the expansion of Ukrainian electricity exports to Europe. According to Olena Zerkal, adviser to the Minister of Energy, despite the urgent electricity shortage in the European market, Hungarians officials have done everything in their power to suspend the fu... #ElectricityExporttoEU #Hungary #OlenaZerkal
The European Commission will punish Hungary. On September 18, the European Commission recommended that the EU suspend about €7.5B in funding for Hungary due to Budapest’s retreat from democracy and the possible misuse of EU money, writes T... #EuropeanCommission #Hungary #VictorOrban
Procrastination with the adoption of the sixth package of sanctions is unacceptable. Delay with adopting the sixth sanctions package is intolerable, and all arguments against introducing the proposed oil embargo mechanism are far-fetched, stated Foreign Minister Dmytro Kuleba. All t... #DmytroKuleba #EUenergy #EUsanctions #Hungary #RussianOilEmbargo #SanctionsAgainstRussia
Hungary keeps blocking the EU oil embargo. Hungary again blocked the approval of the sixth package of sanctions against Russia, which provided for the gradual introduction of an oil embargo on petroleum products. After the meeting of EU ambass... #EUOilEmbargo #Hungary #VictorOrban
Austria, Hungary, and Slovakia also decided to support the oil embargo. Following Germany’s decision on the EU oil embargo, Austria, Hungary, and Slovakia also stopped vetoing sanctions and revoked their veto on the oil embargo against Russia. Previously, countries... #Austria #Hungary #OilEmbargo #RussianENergyEMbargo
