Hungary still says no to European boycott of Russian oil


Hungary still has no intention of accepting European plans for a total boycott of Russian oil. According to Hungarian Foreign Minister Péter Szijjártó, the European proposal would seriously damage the Hungarian economy and does not solve the major problems that the measure would cause for his country.

Negotiations on a proposed EU ban on Russian oil imports have yet to come to fruition, as Hungary demands that guarantees be taken first for supplies from other countries.

The European Commission presented its proposals for a sixth sanctions package last Wednesday, but an agreement between the 27 member states has not yet been reached. In addition to punitive measures against sixty people and three Russian television channels, the EU wants a ban on imports of Russian oil.

Crude oil should be banned within six months and the import of refined oil by the end of the year. According to the plan, Hungary, Slovakia and the Czech Republic will get postponement and help from the EU to get oil after all. But above all Hungary thinks that this is not enough.

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