Jan 28, 2025, 1:11 AM
Jan 26, 2025, 12:01 AM

Viktor Orban plans to block EU sanctions on Russia

Highlights
  • The Kremlin accuses Ireland of leading EU sanctions against Russia, alleging attempts to damage its economy.
  • Hungary's Prime Minister, Viktor Orban, threatens to veto the renewal of these sanctions at an upcoming EU meeting.
  • Experts warn that lifting the sanctions could enable Russia to gain an advantage in the ongoing war against Ukraine.
Story

In recent developments, tensions have escalated between Russia and the European Union over sanctions imposed in response to the ongoing conflict caused by Russia's aggression. The Kremlin has publicly accused Ireland of spearheading efforts across the EU to implement sanctions that are aimed at destabilizing the Russian economy. The accusations from Russia stem from various incidents, including a notable security breach at the Russian embassy in Ireland during an anti-war protest in March 2022, which the Russian Ministry of Foreign Affairs claims violated international diplomatic agreements. This incident added fuel to accusations against the Irish government, stating that they are actively working to 'strangle the Russian economy.' Meanwhile, Hungarian Prime Minister Viktor Orban has threatened to derail the EU's sanctions regime against Moscow, expressing concern over Ukraine's control of Russian gas transit through its pipelines. Orban's ultimatum follows the EU's impending decision regarding the continuation of the sanctions regime, which is set to expire on January 31, unless Hungary agrees to renew them. His demands reflect a strategic stance within the bloc, as the release of approximately €200 billion of Russian assets, currently frozen, could tip the balance in favor of the Kremlin, potentially allowing President Putin greater resources in the ongoing conflict. According to experts, if Hungary proceeds with its veto and sanctions are lifted, it would significantly empower Russia in its operations in Ukraine and lead to detrimental consequences for Ukraine's efforts in the war. This unfolding situation highlights the complexities and divisions within the EU regarding the handling of the conflict and sanctions against Russia, in light of national interests overshadowing collective action.

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