Print Magazine
Brussels Morning Newspaper
Tuesday, May 17, 2022
No Result
View All Result
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
  • Home
    • About Us
  • EU institutions
    • Commission
    • Parliament
    • Council
  • Europe
  • World
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • The American Angle
    • Europe With Transparency
    • Sustainable Perspective
    • Place de la Bourse
    • The Macro-Economist
    • Southeast Europe
Brussels Morning Newspaper
No Result
View All Result
Home EU Institutions

Hungary opposes EU embargo on Russian oil

Nikola Kiš by Nikola Kiš
4 May 2022
in EU Institutions
Fuel,Gas,Pipeline,With,A,Knot,On,Background,Of,European

Fuel gas pipeline with a knot on background of European Union and Russian flags. EU industrial economic sanctions. Oil import export from the world fuel trade market restricts. 3D illustration

Share on FacebookShare on Twitter

Belgium, (Brussels Morning Newspaper) Hungary opposes the EU embargo on Russian oil, risking further isolation in the bloc.

EU member states are still discussing the details of the plan to sanction Russia’s oil industry, with Hungary stressing it would not support any move that would make it impossible for the country to import oil from Russia, DW reports.

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó stressed on Wednesday that Budapest could only support the proposed embargo if the import of Russian crude oil via pipeline was exempt.

He warned that Hungary’s energy security would be at risk if the landlocked country was unable to import energy from Russia. Hungary covers roughly 58% of its oil needs with Russian imports.

The announcement further increases friction between Budapest and Brussels, which is high due to disagreements over the rule of law, democratic standards, and freedom of the press, among others.

Péter Krekó, head of the Political Capital Institute, pointed out that “the Hungarian government has made itself very clear,” but added, “it’s not completely out of the question that the government may still modify of changing its stance, but it is very clear about its veto position.”

He reminded that the European Commission started a process against Hungary last week over their dispute on the rule of law, predicting that the move plays “a role in the decision not to go along with the sanctions.”

Poor relations with EC

Commenting on the relationship between Budapest and Brussels, Krekó described it as “thoroughly poisonous.”

In his opinion, “Hungarian foreign policy seems to be determined only by defiance and irrationality, and is moving in a downward spiral.”

Hungarian Prime Minister Viktor Orbán has come under criticism for his position on the conflict in Ukraine, with Ukrainian National Security and Defence Council head Oleksiy Danilov accusing him recently of planning to annex a part of Ukraine.

The Hungarian government rejected the accusations as “fake news” and “lies.”

Krekó pointed out that Danilov’s accusations were “groundless and irresponsible so long as no evidence is presented,” noting that Hungary has not deployed troops or sent weapons to Ukraine.

He concluded that there are no apparent signs Hungary was planning to annex a part of Ukraine.

Tags: EU embargo on Russian oilMain-Slider

Latest post

The Brexit Final Act

Britain prepares law to override parts of Brexit treaty

8 hours ago
Berlin

What Are 10 Best Hotels In Berlin?

9 hours ago

Most Read

  • shutterstock_1821616664

    MEPs send Open Letter urging the Home Secretary Priti Patel to reject Assange’s extradition

    0 shares
    Share 0 Tweet 0
  • These are the 10 highest paying jobs in the Europe in 2022

    0 shares
    Share 0 Tweet 0
  • Brussels residents want to set up school for Ukrainian children

    0 shares
    Share 0 Tweet 0
  • Why corruption matters

    0 shares
    Share 0 Tweet 0
  • Sweden: Taking Syrian children away from parents for protection?

    0 shares
    Share 0 Tweet 0
Facebook Twitter Youtube LinkedIn

About Us

Brussels Morning is a daily online newspaper based in Belgium. BM publishes unique and independent coverage on international and European affairs. With a Europe-wide perspective, BM covers policies and politics of the EU, significant Member State developments, and looks at the international agenda with a European perspective.

Category

  • Ambassador’s Corner
  • Belgium News
  • Brussels
  • Commission
  • Council
  • Culture and Society
  • Diplomacy
  • Economy
  • EU Institutions
  • Europe
  • Europe With Transparency
  • Features
  • In Depth
  • Member States
  • Middle East Eye
  • Opinion
  • Our pick
  • Parliament
  • Place de la Bourse
  • Southeast Europe
  • Sustainable Perspective
  • The American Angle
  • The Macro-Economist
  • Uncategorised
  • US Elections
  • World

More info

  • About Us
  • Advertising
  • Cookies Policy
  • Contact Us
  • FAQ
  • Jobs

Brussels Morning Newspaper - All Rights Reserved © 2020

No Result
View All Result
  • Home
  • About Us
  • EU Institutions
    • Parliament
    • Commission
    • Council
  • Europe
  • World
  • Member States
  • Economy
  • Culture and Society
  • In Depth
    • Ambassador’s Corner
    • Europe With Transparency
    • Place de la Bourse
    • The Macro-Economist
    • Sustainable Perspective
    • The American Angle
    • Southeast Europe
  • Print Magazine

Brussels Morning Newspaper - All Rights Reserved © 2020

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT