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Hungary and Slovakia block Russian sanctions package, Budapest says
Published by Global Banking & Finance Review®
Posted on June 23, 2025
2 min readLast updated: January 23, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on June 23, 2025
2 min readLast updated: January 23, 2026
Hungary and Slovakia block EU's sanctions on Russia, citing reliance on Russian energy. The sanctions require unanimity for approval.
BUDAPEST (Reuters) -Hungary and Slovakia have decided not to support the EU's plan for an 18th sanctions package against Russia, Hungarian Foreign Minister Peter Szijjarto said on Monday in a press briefing broadcast on his Facebook page.
Hungary and Slovakia decided to block the sanctions package in response to European Union plans to phase out Russian energy imports, the minister said.
"We did this because the European Union ... wants to prohibit member states, including Hungary and Slovakia, from purchasing cheap Russian natural gas and cheap Russian oil as they have done previously," Szijjarto said.
Hungary and Slovakia continue to rely on Russian gas and oil supplies and have maintained warm ties with Moscow.
The Commission on June 10 proposed a new round of sanctions against Russia for its invasion of Ukraine more than three years ago, targeting Moscow's energy revenues, its banks and its military industry.
In response, Slovak Prime Minister Robert Fico said that Slovakia will not back the package of sanctions unless the European Commission provides a solution to the situation Slovakia faces if the bloc phases out Russian energy imports.
Sanctions proposals require unanimity in the bloc for approval.
Late on Sunday, Hungarian Prime Minister Viktor Orban urged the EU to take a proposed ban on Russian energy off the agenda due to an expected rise in energy prices following the U.S. bombing of Iran.
(Reporting by Anita Komuves; Editing by Kevin Liffey)
Hungary and Slovakia blocked the sanctions package in response to EU plans to phase out Russian energy imports, which they rely on for cheap gas and oil.
Peter Szijjarto stated that the EU's proposal would prohibit member states from purchasing cheap Russian natural gas and oil, which Hungary and Slovakia have relied on.
The proposed sanctions package aimed to target Moscow's energy revenues, banks, and military industries in response to the invasion of Ukraine.
Slovak Prime Minister Robert Fico mentioned that Slovakia would not support the sanctions unless the European Commission provided a solution to the situation Slovakia faces.
Hungarian Prime Minister Viktor Orban urged the EU to remove the proposed ban on Russian energy from the agenda due to concerns over rising energy prices.
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