The Hungarian government said that the European Union's plan for a complete ban on Russian oil is unsatisfactory, as it threatens Hungary's energy security.
This is reported by Bloomberg.
According to informed sources, Hungary and Slovakia, heavily dependent on Russian energy, will be given time until the end of 2023 to implement the sanctions, a year more than other member states.
But Zoltán Kovács, the Hungarian government spokesman, said Hungary's concerns remain unresolved.
"We don't see any plan or guarantees in the current proposal to manage even a transition period and something that will guarantee Hungary's energy security," he said.
The 27 EU member states will meet later that day to discuss - and potentially approve - the proposal.
As reported, the president of the European Commission presented details of the sixth package of sanctions against Russia for its aggression against Ukraine.
She explained that crude oil shipments from Russia would stop within six months and refined products by the end of the year.
"In this way, we maximize the pressure on Russia while minimizing collateral damage for us and our partners around the world. Because in order to help Ukraine, our own economy must remain strong," she said.
