Race against time to make Hungary renew EU sanctions before deadline

EU Poised to Back Extension of Sanctions on Russian Tycoons

The European Union is nearing an agreement to extend sanctions on individual Russians, including a number of billionaires, after Hungary dropped its opposition.

Talks on Hungary veto of EU's Russia sanctions go into third day

Talks on the rollover of the EU's anti-Russia blacklist will continue on Friday (14 March), as Poland tries to get Hungary and Slovakia to back down on delisting high-level oligarchs.

Race against time to make Hungary renew EU sanctions before deadline

Hungary's resistance has put the EU in a situation of maximum suspense less than 72 hours before the individual sanctions are set to expire.

Hungary upholds veto against Russia sanctions roll-over as talks continue

Without unanimous renewal by all 27 member states, the bloc's sanctions will expire at 23:59 CET on 15 March.

Hungary will no longer block the extension of EU sanctions against Russia, meaning that more than 2,400 individuals and entities will remain under EU sanctions. The agreement was reached on March 14, just 48 hours before the sanctions were due to expire. The sanctions are renewable every six months and require the unanimous consent of all member states. Budapest has requested the removal of several names from the list, which is largely made up o…

Mediafax The resolution was adopted on Friday, less than 48 hours before the measures expired. Sanctions must be renewed unanimously every six months, which means that only one Member State can block the whole process. Hungary's veto was confirmed several times this week in meetings between ambassadors, with failed attempts on Monday, Wednesday and, most recently, Thursday afternoon. Budapest has demanded that several names be removed from the b…