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Oil embargo dispute: Hungary demands billions

There is still no resolution in sight in the dispute over the planned oil embargo against Russia. On Monday, the EU foreign ministers in Brussels failed to break the resistance from Hungary.
By
Eric Bonse
Image of Eric Bonse

In a video message posted on Facebook, Hungarian Foreign Minister Péter Szijjártó spoke of investments of €15 to €18 billion that would be necessary for his country to do without Russian oil after all. A “complete modernization of Hungary’s energy infrastructure” was required, Szijjártó emphasized. It was, therefore, “legitimate” for his country to await a proposal from the EU Commission.

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