Energy Markets
Budapest: Hungary and Slovakia reject Russian sanctions package
Hungary and Slovakia decided to not support the EU plan for an 18th package of sanctions against Russia. Hungarian foreign minister Peter Szijjarto announced this on Monday during a live press conference broadcast on Facebook. The minister stated that Hungary and Slovakia have decided to block the package of sanctions in response to European Union plans for phasing out Russian energy imports. Szijjarto stated, "We did it because the European Union... wants to prevent member states including Hungary and Slovakia from buying cheap Russian natural gas or cheap Russian oil, as they had done in the past." Hungary and Slovakia...