Hungary vows to prevent EU from imposing oil embargo

from Russiafrom Russia will not "collapse",said the head of the Hungarian Foreign Ministry Peter Szijjártó

Hungary will not allow the European Union to impose an embargo on Russian oil, as this will undermine the security of the country's energy supply and its economy, said Hungarian Foreign Minister Peter Szijjártó.

“Of course, we will not allow this, because we cannot allow anyone to destroy the results of the many years of efforts of the Hungarian people, our selfless work,” Index quotes Szijjarto.

According to him, the Hungarian government is doing everything possible to protect the country's economic achievements until the EU plan to impose an embargo on Russian oil "collapses."

Medvedev called Orban's refusal from the oil embargo a courageous step Politics

Szijjártó said that the Hungarian authorities view the results of the recent parliamentary elections as confirmation of the correctness of the economic policy strategy of the past 20 years. Viktor Orban's FIDES-Hungarian Civil Union party, in partnership with the Christian Democrats, won the April elections with a majority, and Orban will once again lead the Hungarian government.

The Hungarian economy, despite the pandemic, showed the best results in history in 2021, Szijjártó said. “To the shame of the European Union, we are at the forefront of the EU economy and we have one of the fastest growing economies on the continent,” he said.

The European Union has been discussing the possibility of sanctions against the Russian energy sector since the beginning of the special operation in Ukraine. So far, Brussels has imposed restrictions only on the supply of Russian coal. Union countries are also discussing various options for an oil embargo against Moscow, but so far they have not been able to reach a consensus.

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Bulgaria, Slovakia and the Czech Republic express fears about the consequences of such a decision, while Hungary strongly opposes it. The head of the government of the latter, Viktor Orban, said that the oil embargo against Russia is comparable to "an atomic bomb that they want to drop on the Hungarian economy."

Now a ban on oil supplies from Russia is being discussed in the EU at the level of representatives of member countries. At the same time, the head of EU diplomacy, Josep Borrell, said that if they cannot agree on a ban on Russian oil by the end of the week, that is, by May 8, then further discussion of this topic will go to the level of EU foreign ministers.

See also Ambassadors of the EU countries failed to agree on an embargo on Russian oil 02:25

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