Russia will lower electrical energy to Finland beginning on Saturday, Finnish transmission system operator says

2022-05-14 05:44:44

Hungarian Foreign Minister Péter Szijjártó gives a press conference after meeting with his Turkish counterpart in Ankara, Turkey, on April 19.
Hungarian Overseas Minister Péter Szijjártó provides a press convention after assembly along with his Turkish counterpart in Ankara, Turkey, on April 19. (Adem Altan/AFP/Getty Pictures)

Hungary nonetheless has to “play its half” and resolve whether or not it needs to show unity with the European Union in sanctioning Russia because the bloc works on its sixth spherical of proposals, a senior EU diplomat stated on Friday.

Talking throughout a information briefing in Brussels to journalists, the diplomat stated the proposed sixth spherical of sanctions would come with an oil embargo with the aim of “having an enduring influence on Russia’s capability to earn cash and to inflict the heavy prices.” 

The diplomat stated the proposal nonetheless wanted to be fine-tuned, as most European nations “must section out from oil, and clearly there are real looking financial issues that ought to be taken under consideration and the provision of options are clearly completely different from member state to member state.”

“So, we have to remedy … these considerations in some way,” the diplomat added.

The diplomat stated they understood that there’s an “existential oil dependency on Russia so far as Hungary is anxious.”

“The fee is developing with proposals, and at a sure level, you need to chunk the bullet, you realize, and see the place you need to be on this, and we hope Hungary might be extra forthcoming,” the diplomat stated.

Hungary has been provided “cheap proposals,” the diplomat stated, including that the nation must resolve the place it stands “in order that we will proceed to have this necessary EU unity and ship out the identical alerts to Russia that it ought to cease the struggle effort,” the diplomat stated. 

“Negotiations are ongoing day-after-day, together with the weekends. So I don’t know the place this can finish,” the diplomat stated. 

On Wednesday, Hungarian Overseas Minister Péter Szijjártó stated Hungary will solely vote for EU sanctions on Russian oil if the bloc comes up with options to points it could begin.

“We now have made it clear to the European Fee that we will solely vote for this proposal if Brussels gives an answer for the issues Brussels would create,” Szijjártó stated in a video posted on Fb Wednesday.

“We predict an answer not solely regarding the transformation of our refineries that may price lots of of hundreds of thousands of {dollars}, not solely regarding the capability enhance of the oil pipeline [that runs] throughout Croatia to Hungary that may price lots of of hundreds of thousands of {dollars} but additionally with regard to the way forward for the Hungarian financial system, as, like I stated earlier than, this present proposal is like ‘an atomic bomb’ for the Hungarian financial system,” Szijjártó continued.

 

CNN’s Niamh Kennedy and Boglarka Kosztolanyi in London and Mayumi Maruyama in Tokyo contributed earlier reporting to this submit.

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