Hungary ready to veto Russian gas sanctions. The EU folds. Italy obeys
Hungary would veto any European advocacy leading to the restriction of energy imports from Russia, according to a high minister in Prime Minister Viktor Orban's government. " We have made it clear that we will never support " by extending EU sanctions against Russia in the energy field, government minister Gergely Gulyas told HirTV on Sunday. The EU will propose an import ban on Russian oil later this year due to its war in Ukraine, with import restrictions being phased in until then, Bloomberg said.
Hungary, which is heavily dependent on Russian energy, has been among the most vocal in opposing the extension of sanctions. "Given that such decisions require unanimity, it makes no sense for the Commission to propose sanctions affecting natural gas and crude oil that would restrict Hungary," Gulyas said in reference to the EU executive. Orban's government has agreed with Russia to allow the conversion of gas payments into rubles, testing the EU's sanctioning policy.
How can the EU act when , fortunately, the right of veto exists? By lowering the breeches and providing that the EU can grant exceptions which, by chance, will be in favor of Hungary and Slovakia, the two most dependent countries and which would be ready to veto.
It's Italy? Italy has no life of its own. It just obeys.
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The article Hungary ready to veto Russian gas sanctions. The EU folds. Italy obeys comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/lungheria-pronta-a-porre-il-veto-alle-sanzioni-sul-gas-russo-la-ue-si-piega-litalia-obbedisce/ on Tue, 03 May 2022 06:00:32 +0000.