Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Hungary’s PM urges EU to lift Russia sanctions

by
January 17, 2025
in Economy
0
Hungary’s PM urges EU to lift Russia sanctions

Investing.com — Hungarian Prime Minister Viktor Orban has called on the European Union to end its sanctions against Russia. His call comes as the incoming U.S. administration under Donald Trump is expected to herald a “new era” starting next week.

Orban expressed his views on state radio on Friday, suggesting that it’s time to discard the sanctions and establish a sanctions-free relationship with Russia, although he acknowledged that this might take some time.

The EU has imposed 15 rounds of sanctions on Russia in response to its full-scale invasion of Ukraine. These sanctions need to be renewed every six months. The next renewal, which requires a unanimous decision among the 27 member states, is due by the end of January. This is 11 days after Trump is set to be inaugurated.

Last month, Orban surprised other EU leaders at a summit in Brussels by stating he was not prepared to proceed with an extension of the sanctions, as reported on December 19. During the radio interview, however, Orban did not confirm if he would veto the extensions.

The Hungarian leader also suggested that the EU might need a “couple of months” to change its stance on Russian sanctions. He stated that the bloc “should be in the phase of getting sober,” but instead, it is doubling down on sanctions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
Previous Post

UK government bonds yields fall as more Bank of England rate cuts likely

Next Post

UK markets pricing in 3 interest-rate cuts this year after soft retail sales

Next Post
UK markets pricing in 3 interest-rate cuts this year after soft retail sales

UK markets pricing in 3 interest-rate cuts this year after soft retail sales

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Rolls-Royce to invest $376 million in UK plant to focus on bespoke cars

Rolls-Royce to invest $376 million in UK plant to focus on bespoke cars

January 8, 2025
China expands scope of consumer trade-ins for home appliances

China expands scope of consumer trade-ins for home appliances

January 8, 2025
Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs

Stock picking hedge funds post highest average returns since 2020, says Goldman Sachs

January 3, 2025
Trump meets with Syria’s interim president after pledging to lift sanctions on war-torn country

Trump meets with Syria’s interim president after pledging to lift sanctions on war-torn country

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Trump meets with Syria’s interim president after pledging to lift sanctions on war-torn country

Trump meets with Syria’s interim president after pledging to lift sanctions on war-torn country

May 14, 2025
The Great Biden Coverup: Aides debated whether to put the president in a wheelchair

The Great Biden Coverup: Aides debated whether to put the president in a wheelchair

May 14, 2025
State Department approves sale of $1.4B worth of helicopters, F-16 parts to UAE ahead of Trump’s visit

State Department approves sale of $1.4B worth of helicopters, F-16 parts to UAE ahead of Trump’s visit

May 14, 2025
Trump continues to defend Qatar gifting US $400M jet: ‘We should have the most impressive plane’

Trump continues to defend Qatar gifting US $400M jet: ‘We should have the most impressive plane’

May 14, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Trump meets with Syria’s interim president after pledging to lift sanctions on war-torn country

    Trump meets with Syria’s interim president after pledging to lift sanctions on war-torn country

    May 14, 2025
    The Great Biden Coverup: Aides debated whether to put the president in a wheelchair

    The Great Biden Coverup: Aides debated whether to put the president in a wheelchair

    May 14, 2025
    State Department approves sale of $1.4B worth of helicopters, F-16 parts to UAE ahead of Trump’s visit

    State Department approves sale of $1.4B worth of helicopters, F-16 parts to UAE ahead of Trump’s visit

    May 14, 2025
    Trump continues to defend Qatar gifting US $400M jet: ‘We should have the most impressive plane’

    Trump continues to defend Qatar gifting US $400M jet: ‘We should have the most impressive plane’

    May 14, 2025

    Top News

    Trump meets with Syria’s interim president after pledging to lift sanctions on war-torn country

    Trump meets with Syria’s interim president after pledging to lift sanctions on war-torn country

    May 14, 2025
    The Great Biden Coverup: Aides debated whether to put the president in a wheelchair

    The Great Biden Coverup: Aides debated whether to put the president in a wheelchair

    May 14, 2025

    Latest News

    • Trump meets with Syria’s interim president after pledging to lift sanctions on war-torn country
    • The Great Biden Coverup: Aides debated whether to put the president in a wheelchair
    • State Department approves sale of $1.4B worth of helicopters, F-16 parts to UAE ahead of Trump’s visit

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.