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

2022-05-14 04:53:49

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

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

Talking throughout a information briefing in Brussels to journalists, the diplomat mentioned 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 mentioned the proposal nonetheless wanted to be fine-tuned, as most European nations “must part out from oil, and clearly there are real looking financial issues that ought to be taken into consideration and the supply of alternate options are clearly totally different from member state to member state.”

“So, we have to clear up … these issues by hook or by crook,” the diplomat added.

The diplomat mentioned 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 must chunk the bullet, you already know, and see the place you wish to be on this, and we hope Hungary can be extra forthcoming,” the diplomat mentioned.

Hungary has been provided “affordable proposals,” the diplomat mentioned, including that the nation must resolve the place it stands “in order that we are able to proceed to have this necessary EU unity and ship out the identical indicators to Russia that it ought to cease the conflict effort,” the diplomat mentioned. 

“Negotiations are ongoing day-after-day, together with the weekends. So I don’t know the place it will finish,” the diplomat mentioned. 

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

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

“We expect an answer not solely regarding the transformation of our refineries that might value a whole bunch of thousands and thousands of {dollars}, not solely regarding the capability improve of the oil pipeline [that runs] throughout Croatia to Hungary that might value a whole bunch of thousands and thousands of {dollars} but additionally with regard to the way forward for the Hungarian economic system, as, like I mentioned earlier than, this present proposal is like ‘an atomic bomb’ for the Hungarian economic system,” Szijjártó continued.

 

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

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