Hungary blocks EU embargo on Russian oil imports

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During their summit in Brussels on Monday and Tuesday, leaders of the countries of the union The 27 imposed a new package of sanctions on Russia, which included in particular the inclusion of the Patriarch of Moscow and All Russia Kirill on the European blacklist, as he is "An old ally of President Vladimir Putin (…) and became one of the main supporters of the Russian military aggression against Ukraine"As stated in the draft resolution approved by the summit.

The highlights of this statement Sixth package of European sanctions over Moscow is Reducing EU imports of Russian oil 90% by the end of this year, with the aim of depriving the Kremlin "From a huge funding source" of the war in Ukraine.

The package also provides for the inclusion of about 60 additional characters, in its introduction Patriarch Kirillon the European blacklist, in addition to the exclusion of three Russian banks, including "Sberbank" The largest ever in Russia, from the SWIFT system for international money transfers.

European sanctions can only be imposed by unanimous consent of all 27 EU states.

Although Hungarian Prime Minister Viktor Orban gave his approval during the summit to this new package of sanctions, the final touches on the sanctions decision were supposed to be completed by the ambassadors of the bloc countries during a meeting in Brussels on Wednesday in preparation for its publication in Official Journal of the European Union And its entry into force.

According to a diplomatic source, consultations are still underway between Brussels and Budapest in an attempt to persuade the Hungarians to drop their objection.

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During their summit in Brussels on Monday and Tuesday, leaders of the countries of the union The 27 imposed a new package of sanctions on Russia, which included in particular the inclusion of the Patriarch of Moscow and All Russia Kirill on the European blacklist, as he is β€œan old ally of President Vladimir Putin (…) and has become one of the main supporters of the Russian military aggression against Ukraine,” according to what was stated in the draft resolution that approved He has the top.

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The highlights of this statement Sixth package of European sanctions over Moscow is Reducing EU imports of Russian oil by 90% by the end of this year, with the aim of depriving the Kremlin of “a huge source of funding” for the war in Ukraine.

The package also provides for the inclusion of about 60 additional characters, in its introduction Patriarch Kirillon the European blacklist, in addition to the exclusion of three Russian banks, includingSberbankThe largest ever in Russia, from the SWIFT system for international money transfers.

European sanctions can only be imposed by unanimous consent of all 27 EU states.

Although Hungarian Prime Minister Viktor Orban gave his approval during the summit to this new package of sanctions, the final touches on the sanctions decision were supposed to be completed by the ambassadors of the bloc countries during a meeting in Brussels on Wednesday in preparation for its publication in Official Journal of the European Union And its entry into force.

According to a diplomatic source, consultations are still underway between Brussels and Budapest in an attempt to persuade the Hungarians to drop their objection.

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