Top Categories

Russia will cut electricity to Finland starting on Saturday, Finnish transmission system operator says

Russia will cut electricity to Finland starting on Saturday, Finnish transmission system operator says


Hungarian Overseas Minister Péter Szijjártó provides a press convention after assembly along with his Turkish counterpart in Ankara, Turkey, on April 19. (Adem Altan/AFP/Getty Photos)

Hungary nonetheless has to “play its half” and resolve whether or not it needs 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 impression 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 “have to part out from oil, and clearly there are reasonable financial concerns that ought to be taken under consideration and the supply of options are clearly completely different from member state to member state.”

“So, we have to clear up … these considerations come what may,” the diplomat added.

The diplomat mentioned they understood that there’s an “existential oil dependency on Russia so far as Hungary is worried.”

“The fee is arising with proposals, and at a sure level, you need to chunk the bullet, , and see the place you need to be on this, and we hope Hungary will likely be extra forthcoming,” the diplomat mentioned.

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

“Negotiations are ongoing day by day, together with the weekends. So I don’t know the place this can finish,” the diplomat mentioned. 

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

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

“We predict an answer not solely regarding the transformation of our refineries that will price tons of of hundreds of thousands of {dollars}, not solely regarding the capability enhance of the oil pipeline [that runs] throughout Croatia to Hungary that will price tons of of hundreds of thousands of {dollars} but additionally with regard to the way forward for the Hungarian financial system, as, like I mentioned earlier than, this present proposal is like ‘an atomic bomb’ for the Hungarian financial system,” Szijjártó continued.

 

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

Leave a Reply

Your email address will not be published.