Bloomberg learned that EU ambassadors did not agree on a package of sanctions against Russia

Bloomberg: EU ambassadors did not agree on the sixth package of sanctions against Russia because of Hungary The reason was the reluctance of Hungary to support the ban on Russian oil imports, agency sources say. Brussels proposed to refuse supplies by the end of 2022, but the oil embargo must be agreed upon by all EU countries /756520169869666.jpg” alt=”Bloomberg learned that the EU ambassadors did not agree on a package of sanctions against Russia” />

EU permanent representatives met on May 8 to discuss new sanctions against Russia, but did not reach an agreement, Bloomberg reported, citing sources familiar with the meeting. Negotiations will resume in the coming days.

The European Union is developing the sixth package of sanctions related to the conflict in Ukraine. The head of the European Commission, Ursula von der Leyen, said that it is planned to include the refusal of Russian oil by the end of 2022, as well as the disconnection of a number of banks (including Sberbank) from SWIFT. In addition, Bloomberg and Reuters reported that Brussels is proposing to ban European courts and companies from providing services related to the transportation of Russian oil to third countries.

In order for the package to be adopted, all 27 EU countries must agree on it, but, according to Bloomberg, the meeting participants failed to get Hungary's consent to a ban on Russian oil imports. In addition, Greece and Cyprus have not yet agreed to restrictions on oil transportation, the agency's interlocutors say.

Hungary has previously stated that it will not support the abandonment of Russian oil. On May 6, Foreign Minister Peter Szijjarto said that Budapest would not allow the EU to impose an embargo on Russian oil, so as not to “destroy the results of the many years of efforts of the Hungarian people.” EU members failed to agree on sanctions. On May 4, Reuters reported that at one of the meetings, in addition to Hungary, concerns about such restrictions were expressed by Bulgaria, Slovakia and the Czech Republic. Bloomberg wrote about the doubts of Greece, Malta and Cyprus regarding the transportation ban on the same day.

According to the agency, the EU, as a compromise, proposed extending the deadline for refusing Russian oil until the end of 2024 for Hungary and Slovakia and until June of the same year for the Czech Republic.

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Ukrainian President Volodymyr Zelensky called on the European Union to “take a unified position” regarding anti-Russian sanctions.

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