EU diplomats scramble to overcome Hungary's threat to derail new sanctions on Russia is drawing significant interest across the industry.
BRUSSELS, Feb 23: The European Union’s latest sanctions package targeting Russia’s shadow fleet and energy revenues is being blocked by Hungary, the bloc’s top diplomat said on Monday. EU foreign policy chief Kaja Kallas said the bloc’s 27 foreign ministers gathering in Brussels would likely not agree on the 20th package of sanctions, which it hoped to pass ahead of the fourth anniversary on Tuesday of Russia’s all-out invasion of Ukraine. “I think there is not going to be progress regarding […]
Experts suggest this could influence future trends and innovation in the sector.
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