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

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

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

The EU will extend its existing sanctions against Russia after Hungary withdrew its threat to block the rollover, according ...

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.

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 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 ...

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 ...

BRUSSELS (Reuters) -The European Union renewed its wide-ranging sanctions on Russia on Monday for another six months after Hungary stopped holding up the move in return for assurances about energy ...

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 ...