Hungary nonetheless has to “play its part” 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 stated on Friday.
Speaking 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 a lasting impact on Russia’s capacity to earn money and to inflict the heavy costs.”
The diplomat stated the proposal nonetheless wanted to be fine-tuned, as most European international locations “need to phase out from oil, and obviously there are realistic economic considerations that should be taken into account and the availability of alternatives are obviously different from member state to member state.”
“So, we need to solve … these concerns one way or the other,” the diplomat added.
The diplomat stated they understood that there’s an “existential oil dependency on Russia as far as Hungary is concerned.”
“The commission is coming up with proposals, and at a certain point, you have to bite the bullet, you know, and see where you want to be in this, and we hope Hungary will be more forthcoming,” the diplomat stated.
Hungary has been provided “reasonable proposals,” the diplomat stated, including that the nation will have to resolve the place it stands “so that we can continue to have this important EU unity and send out the same signals to Russia that it should stop the war effort,” the diplomat stated.
“Negotiations are ongoing every day, including the weekends. So I don’t know where this will end,” the diplomat stated.
On Wednesday, Hungarian Foreign 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 have made it clear to the European Commission that we can only vote for this proposal if Brussels offers a solution for the problems Brussels would create,” Szijjártó stated in a video posted on Facebook Wednesday.
“We are expecting a solution not only relating to the transformation of our refineries that would cost hundreds of millions of dollars, not only relating to the capacity increase of the oil pipeline [that runs] across Croatia to Hungary that would cost hundreds of millions of dollars but also with regard to the future of the Hungarian economy, as, like I said before, this current proposal is like ‘an atomic bomb’ for the Hungarian economy,” Szijjártó continued.
CNN’s Niamh Kennedy and Boglarka Kosztolanyi in London and Mayumi Maruyama in Tokyo contributed earlier reporting to this publish.
Russia will cut electricity to Finland starting on Saturday, Finnish transmission system operator says & More Latest News Update
Russia will cut electricity to Finland starting on Saturday, Finnish transmission system operator says & More Live News
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Russia will cut electricity to Finland starting on Saturday, Finnish transmission system operator says & More News Today
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