ADVERTISEMENT

Hungary stalls EU sanctions over Russian patriarch

EU

The details of the latest EU sanctions package against Russia, including the oil embargo, were due to be finalized yesterday, but the Hungarian government decided to block the process, because the persons targeted by the asset freeze and travel ban included Patriarch Kirill, the head of the Russian Orthodox Church, according to a report by hvg.hu.

According to the report, the Hungarian government has previously stated that it disagrees with this, but in recent days and in the context of the summit the issue has not been raised. 

On Wednesday morning, EU ambassadors met in Brussels to finalize the sanctions package, and it was during this discussion that the Hungarian side indicated that it would like to remove Kirill's name from the list. As a result, the whole process of adopting the package was interrupted.

The outline of the sixth package of sanctions against Russia was approved by EU leaders on Monday.

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan Debt

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan

Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s Government

Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s

HU-rizon Program: HUF 8 bln Funding for International Resear... Science

HU-rizon Program: HUF 8 bln Funding for International Resear...

Inspiring Women at the Focus of Gourmet Fest In Budapest

Inspiring Women at the Focus of Gourmet Fest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.