Hungary Threatens to Block EU Sanctions on 2,000 Russians Unless Mikhail Fridman Exempted; Sanctions Expire Saturday

5 posts • ChatGPT (GPT-4o mini)

Published Mar 13, 2025, 10:00 AM

Hungary has threatened to block the European Union's renewal of sanctions against approximately 2,000 Russians unless oligarch Mikhail Fridman is exempted from the list. This ultimatum comes as the current sanctions are set to expire on Saturday, requiring unanimous agreement from all 27 EU member states for a six-month extension. Luxembourg has expressed support for Hungary's position, with the backdrop of Fridman currently suing the country. Critics, including prominent figures, argue that Hungary's actions indicate a lack of good faith, prompting calls for the suspension of Hungary's voting rights within the EU.

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#Hungary #European Union #Mikhail Fridman #EU #Luxembourg #Fridman

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Sources

ft.com(5)omniekonomi.se

Financial Times

@FT

Hungary has threatened to block the EU’s renewal of sanctions imposed on 2,000 Russians unless oligarch Mikhail Fridman is removed from the list. The sanctions will expire on Saturday unless all 27 EU capitals agree to extend them for another six months. https://t.co/Eo8gfnFg4W https://t.co/nx7F2RQ47j

Omni Ekonomi

@OmniEkonomi

Hungary is threatening to halt extended EU sanctions against 2,000 Russians unless a specific oligarch is exempted -- backed by Luxembourg, sources tell the FT. https://t.co/oQy9n7AEjz

Valentina Pop

@valentinapop

Hungary threatens to cancel sanctions on 2,000 Russians unless EU exempts Mikhail Fridman via ⁦@HenryJFoy⁩ ⁦@BMoens⁩ ⁦@maxseddon⁩ https://t.co/t0AI6kI88T