The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to ...

The sanctions target trade, finance, energy, technology, industry, transport and luxury goods and include a ban on seaborne ...

Hungary's foreign minister said on Monday Budapest would "soon" see if it will get guarantees from the European Commission to ...

The EU has renewed sanctions against Russia despite Hungary's initial objections, following assurances on energy-related ...

Before relenting, Budapest had threatened to allow billions of dollars to flow back to the Kremlin in a row over energy imports.

Hungary avoided a clash with the EU thanks to a last-minute deal that secures its access to Russian gas at a closed-door ...

Budapest then cited its complaints about Ukraine ending a transit deal that brought Russian gas to Hungary. At a meeting of EU ambassadors on Monday, the European Commission presented a statement ...

Meanwhile, he claimed EU sanctions against Russia for its war in Ukraine had cost Hungary 19 billion euros ($20 billion) since the start of the full-scale invasion in February 2022. He did not ...

But Hungary's Orban, a right-wing populist and ally of Russian President Vladimir Putin, has threatened to "pull the handbrake" on EU sanctions if Brussels does not persuade Ukraine to reopen a ...

Hungary has backed down from its veto threat and on Monday allowed the renewal of EU sanctions against Russia for an additional six months, bringing to a close the short-lived political saga that ...

Hungary was expected on Monday to lift its block on the EU prolonging its sanctions on Russia, after weeks of stalling from Prime Minister Viktor Orban, diplomats said. Officials said a deal had ...

But Hungary - which maintains closer economic and political ties with Russia than other EU members - indicated on Monday it was ready to give the green light at the ministers' meeting if it ...