The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to ...

The sanctions target trade, finance, energy, technology, industry, transport and luxury goods and include a ban on seaborne ...

European Union foreign ministers agreed on Monday to extend sanctions on Russia over its war against Ukraine after Hungary ...

Foreign ministers approve rollover at Brussels meeting Budapest had withheld backing ahead of Jan. 31 deadline Hungary backed down after energy security statement Officials had warned of crisis if ...

Before relenting, Budapest had threatened to allow billions of dollars to flow back to the Kremlin in a row over energy imports.

Hungary avoided a clash with the EU thanks to a last-minute deal that secures its access to Russian gas at a closed-door ...

Hungary has backed down from its veto threat and on Monday allowed the renewal of EU sanctions against Russia for an additional six months, bringing to a close the short-lived political saga that ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The EU has agreed to renew the bloc’s sanctions against Russia over its war in Ukraine after Hungary ...

BRUSSELS — Hungary is expected to back down from its threat to block the EU from renewing its Russia sanctions after U.S. President Donald Trump menaced Moscow with even more penalties, according to ...

Hungry will, in exchange, get a non-committal statement on Ukraine's infrastructure, which sits at the intersection of gas flowing from Russia to other European nations such as Hungary.

Over 80% of Hungary's gas and oil comes from Russia, and Hungary has actually continued to import Russian gas via an alternative route: the Turkish Stream pipeline that comes up through the Balkans.