Hungarian Prime Minister Viktor Orban threatened on Friday to block the next rollover of EU sanctions against Russia unless ...

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

The sanctions target trade, finance, energy, technology, industry, transport and luxury goods and include a ban on seaborne ...

The European Union is set to extend sanctions on Russia over its war against Ukraine on Monday, with Hungary ready to lift ...

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 ...

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 ...

Russian President Vladimir Putin's ally in NATO has dropped its objections to the renewal of EU sanctions against Moscow. The EU has now reached a last-minute deal with Hungary to renew the ...

However, the sanctions package must be approved by all EU member states before it can take effect. This could be challenging since Hungary – Russia’s closest ally in the EU – has previously resisted ...

BRUSSELS — Hungary is expected to back down from its threat to block the EU from renewing its Russia sanctions after U.S. President Donald Trump menaced Moscow with even more penalties, according to ...

Before relenting, Budapest had threatened to allow billions of dollars to flow back to the Kremlin in a row over energy imports.

Over 80% of Hungary's gas and oil comes from Russia, and Hungary has actually continued to import Russian gas via an alternative route: the Turkish Stream pipeline that comes up through the Balkans.