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    Home > Finance > EU moves ahead with Russian gas ban proposal despite Hungary, Slovakia vetoes
    Finance

    EU moves ahead with Russian gas ban proposal despite Hungary, Slovakia vetoes

    Published by Global Banking & Finance Review®

    Posted on June 16, 2025

    2 min read

    Last updated: January 23, 2026

    EU moves ahead with Russian gas ban proposal despite Hungary, Slovakia vetoes - Finance news and analysis from Global Banking & Finance Review
    Tags:European Commission

    Quick Summary

    The EU is advancing a proposal to ban Russian gas imports by 2027, despite opposition from Hungary and Slovakia. The plan could pass with a reinforced majority.

    EU Advances Proposal for Russian Gas Import Ban Amid Opposition

    By Kate Abnett

    LUXEMBOURG (Reuters) -Hungary and Slovakia on Monday opposed a planned European Union ban on Russian gas imports, though Brussels is expected to propose the law on Tuesday, which could pass without their approval.

    The European Commission aims to ban EU Russian gas and liquefied natural gas (LNG) imports by the end of 2027.

    On Tuesday, it will propose the measures and set out how it will legally enact the plan, which was announced last month.

    Hungary and Slovakia, however, blocked EU energy ministers from issuing a joint statement endorsing the plan, which was backed by the 25 other member states.

    "Energy policy is a national competence & this endangers our sovereignty and energy security," Hungary's Foreign Minister Peter Szijjarto said in a post on X, in which he said Hungary had vetoed the joint statement.

    A spokesperson for Slovakia's EU representation confirmed the country had done the same.

    The Commission plans to propose the ban using a legal basis allowing it to pass with the support of a "reinforced majority" of countries and a majority of the European Parliament, according to EU officials.

    A reinforced majority requires at least 15 of the EU's 27 members, and must represent at least 65% of the EU's population.

    In Monday's closed-door meeting, most energy ministers signalled their support, though some raised concerns that it could expose companies to legal risks or financial penalties for breaking long-term gas contracts, EU diplomats said.

    (Reporting by Kate Abnett; editing by Jason Neely)

    Key Takeaways

    • •EU plans to ban Russian gas imports by 2027.
    • •Hungary and Slovakia oppose the ban.
    • •Proposal can pass with a reinforced majority.
    • •Energy ministers express legal and financial concerns.
    • •EU Commission to propose legal measures.

    Frequently Asked Questions about EU moves ahead with Russian gas ban proposal despite Hungary, Slovakia vetoes

    1What is the European Commission's plan regarding Russian gas imports?

    The European Commission aims to ban EU Russian gas and liquefied natural gas (LNG) imports by the end of 2027.

    2Which countries opposed the EU's gas ban proposal?

    Hungary and Slovakia opposed the planned European Union ban on Russian gas imports.

    3How many EU member states support the gas ban proposal?

    The proposal was backed by 25 out of the 27 EU member states.

    4What legal basis will the European Commission use for the ban?

    The Commission plans to propose the ban using a legal basis that allows it to pass with the support of a 'reinforced majority' of countries and a majority of the European Parliament.

    5What concerns did energy ministers raise during the meeting?

    Some energy ministers raised concerns that the ban could expose companies to legal risks or financial penalties for breaking long-term contracts.

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