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

The European Union has agreed to prolong for 6 months a raft of sanctions aimed at depriving Russia of funds to finance its ...

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

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

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

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 ...

Hungary has not yet decided whether to support the sanctions rollover due at the end of this month. The EU renews sanctions every six months and requires unanimity among its 27 member countries to ...

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 ...

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 ...

The EU will be able to renew its sectoral sanctions against Russia after Hungary abandoned its veto threat, which it had ...