The EU's ban on Russian oil was vetoed by Hungary, and the foreign ministers collectively put pressure on it


2022-05-16: [Article Link Reuters reported on 16 May that the Foreign Ministers of the EU member States had tried on Monday to put pressure on Hungary to lift its veto on the Russian oil embargo proposal, and Lithuania had stated that the EU was being held hostage by “one member State”. The oil embargo agreement proposed by the European Commission in early May was reported to be the most severe sanction since the outbreak of the Russian-Ukraine war. Germany, the largest economy in the EU and the main buyer of Russian energy, indicated that it wished to reach an agreement to authorize the oil embargo, stating that it could last for several years. According to the German Foreign Ministry, Changana Lena Berbek, “I am confident that we will reach an agreement in the coming days, and we need to be fully prepared, because it needs to be sustained. But Moscow’s closest ally in the EU, Hungary, has indicated that it wants hundreds of millions of euros from the EU to reduce the cost of abandoning Russian crude oil. It is known that the EU needs all 27 countries to agree to the embargo in order to continue the agreement. The Minister for Foreign Affairs of Lithuania, Gabriel Lantsbergs, stated that “the EU as a whole has been held hostage by one member State... We must agree that we cannot be held hostage”. It was reported that the United States and British had imposed an oil embargo on Russia, which was considered to be the best way to reduce Russian revenues from the war in Ukraine, following five earlier rounds of sanctions imposed by the European Union. Diplomats noted that the EU Special Summit, to be held from 30 to 31 May, was the time to agree on a phased ban on Russian oil, which could take more than six months, and that transition periods for Hungary, Slovakia and the Czech Republic might be longer.


Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.



Trending News

What China Reads


The EU's ban on Russian oil was vetoed by Hungary, and the foreign ministers collectively put pressure on it


2022-05-16: [Article Link Reuters reported on 16 May that the Foreign Ministers of the EU member States had tried on Monday to put pressure on Hungary to lift its veto on the Russian oil embargo proposal, and Lithuania had stated that the EU was being held hostage by “one member State”. The oil embargo agreement proposed by the European Commission in early May was reported to be the most severe sanction since the outbreak of the Russian-Ukraine war. Germany, the largest economy in the EU and the main buyer of Russian energy, indicated that it wished to reach an agreement to authorize the oil embargo, stating that it could last for several years. According to the German Foreign Ministry, Changana Lena Berbek, “I am confident that we will reach an agreement in the coming days, and we need to be fully prepared, because it needs to be sustained. But Moscow’s closest ally in the EU, Hungary, has indicated that it wants hundreds of millions of euros from the EU to reduce the cost of abandoning Russian crude oil. It is known that the EU needs all 27 countries to agree to the embargo in order to continue the agreement. The Minister for Foreign Affairs of Lithuania, Gabriel Lantsbergs, stated that “the EU as a whole has been held hostage by one member State... We must agree that we cannot be held hostage”. It was reported that the United States and British had imposed an oil embargo on Russia, which was considered to be the best way to reduce Russian revenues from the war in Ukraine, following five earlier rounds of sanctions imposed by the European Union. Diplomats noted that the EU Special Summit, to be held from 30 to 31 May, was the time to agree on a phased ban on Russian oil, which could take more than six months, and that transition periods for Hungary, Slovakia and the Czech Republic might be longer.

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

Recent related articles

Guan Yao: The launch of the expansion is a landmark achievement of this BRICS summit

2022-06-24: On the evening of 23 June, President Xi Jinping hosted the fourteenth meeting of BRICS leaders in Beijing by video and delivered an important speech entitled " Building Quality Partnerships Towards a New Process for BRICS Cooperation " Direct news: President Xi Jinping made an important speech…  

Will World War 3 start here?

2022-06-24: A pen/a dove-a-dove-a-dove-a-dove-a-dove-a-dove. Kaliningrad, will this Russian enclave in Europe become the “powder bucket” that triggered World War III? This has become one of the most worrying issues for the European media. The ban on the transit of Russian “sensitive goods” to…

What does it mean for Ukraine to be an EU candidate? When will it officially join the EU?

2022-06-24: According to the news, on 23 June local time, the European Council President Michel announced that the EU summit had agreed to approve Ukraine and Moldova as EU candidates. Michel called this a historic moment, marking a crucial step for Ukraine toward the EU. President Zelensky of Ukraine also…

Wei Zongyou: The Biden Administration's "Indo-Pacific Strategy" and Its Influence on China

2022-06-24: Biden Government China-United States Relations Security in Asia and the Pacific Indian Strategy The Biden Government's “Indo-Pacific Strategy” is not fundamentally different from the Trump Government in terms of order and strategy. China is regarded as the primary strategic challenge…

Continued Tracking|Russia-Ukraine conflict for 4 months, what are the gains and losses of all parties?

2022-06-24: Since the full-scale outbreak of the Russian-Ukraine conflict on 24 February, the Western countries, led by the United States, have imposed unprecedented and widespread sanctions on Russia in a number of economic, financial and energy fields, while Ukraine has received enormous military, economic…

Lithuania's "chasing the United States and anti-Russia" is becoming more and more radical

2022-06-24: [Reporter] Recently, the three Baltic States, Lithuania, Latvia and Estonia, have continued to promote NATO and the United States to strengthen their military presence and deterrence in the three countries in order to increase pressure on Russia. The NATO summit, to be held in Madrid, Spain,…  

Phoenix Reference丨Give Zelensky a "door to the EU" to decipher the most powerful woman in Europe

2022-06-24: According to the editor, she is “the most powerful woman in Europe” and the mother of seven children. Refugee flows, the Covid-19 epidemic, the Russian-Ukraine war. How did she succeed in changing from a gynaecologist to a political Queen of Ice and Snow? How would she face Ukraine’s accession to…  

Zeng Xiangyu: European Powers' Involvement in the Indian Ocean: Characteristics, Motivations and Influences

2022-06-24: The situation in the Indian Ocean Indian Strategy In recent years, European Powers have significantly increased their involvement in the situation in the Indian Ocean, launching their own “Indian and Pacific” strategy, enhancing military deployment and security interventions in the Indian…

Russia

2022-06-24: Author: Niko “It is not just the summers that make European leaders sweat, but also the natural gas supplies lost in Europe under Russian manipulation.” Associated Press reports. According to the Al Jazeera website (ALJAZEERA) on 22 June, last week Russia cut gas supplies to five EU countries,…

Privy Council No. 10: The EU rushes to put out the "fire across the shore" of the United States

2022-06-25: Russia’s special military campaign against Ukraine does not amount to a military action against the EU or NATO, because Ukraine does not belong to either of these two organizations. But if we give Lithuania a taste, it means something different. Since Lithuania is a member of both the European…

Recent related articles

Guan Yao: The launch of the expansion is a landmark achievement of this BRICS summit

2022-06-24: On the evening of 23 June, President Xi Jinping hosted the fourteenth meeting of BRICS leaders in Beijing by video and delivered an important speech entitled " Building Quality Partnerships Towards a New Process for BRICS Cooperation " Direct news: President Xi Jinping made an important speech…  

Will World War 3 start here?

2022-06-24: A pen/a dove-a-dove-a-dove-a-dove-a-dove-a-dove. Kaliningrad, will this Russian enclave in Europe become the “powder bucket” that triggered World War III? This has become one of the most worrying issues for the European media. The ban on the transit of Russian “sensitive goods” to…

What does it mean for Ukraine to be an EU candidate? When will it officially join the EU?

2022-06-24: According to the news, on 23 June local time, the European Council President Michel announced that the EU summit had agreed to approve Ukraine and Moldova as EU candidates. Michel called this a historic moment, marking a crucial step for Ukraine toward the EU. President Zelensky of Ukraine also…

Wei Zongyou: The Biden Administration's "Indo-Pacific Strategy" and Its Influence on China

2022-06-24: Biden Government China-United States Relations Security in Asia and the Pacific Indian Strategy The Biden Government's “Indo-Pacific Strategy” is not fundamentally different from the Trump Government in terms of order and strategy. China is regarded as the primary strategic challenge…

Continued Tracking|Russia-Ukraine conflict for 4 months, what are the gains and losses of all parties?

2022-06-24: Since the full-scale outbreak of the Russian-Ukraine conflict on 24 February, the Western countries, led by the United States, have imposed unprecedented and widespread sanctions on Russia in a number of economic, financial and energy fields, while Ukraine has received enormous military, economic…

Lithuania's "chasing the United States and anti-Russia" is becoming more and more radical

2022-06-24: [Reporter] Recently, the three Baltic States, Lithuania, Latvia and Estonia, have continued to promote NATO and the United States to strengthen their military presence and deterrence in the three countries in order to increase pressure on Russia. The NATO summit, to be held in Madrid, Spain,…  

Phoenix Reference丨Give Zelensky a "door to the EU" to decipher the most powerful woman in Europe

2022-06-24: According to the editor, she is “the most powerful woman in Europe” and the mother of seven children. Refugee flows, the Covid-19 epidemic, the Russian-Ukraine war. How did she succeed in changing from a gynaecologist to a political Queen of Ice and Snow? How would she face Ukraine’s accession to…  

Zeng Xiangyu: European Powers' Involvement in the Indian Ocean: Characteristics, Motivations and Influences

2022-06-24: The situation in the Indian Ocean Indian Strategy In recent years, European Powers have significantly increased their involvement in the situation in the Indian Ocean, launching their own “Indian and Pacific” strategy, enhancing military deployment and security interventions in the Indian…

Russia

2022-06-24: Author: Niko “It is not just the summers that make European leaders sweat, but also the natural gas supplies lost in Europe under Russian manipulation.” Associated Press reports. According to the Al Jazeera website (ALJAZEERA) on 22 June, last week Russia cut gas supplies to five EU countries,…

Privy Council No. 10: The EU rushes to put out the "fire across the shore" of the United States

2022-06-25: Russia’s special military campaign against Ukraine does not amount to a military action against the EU or NATO, because Ukraine does not belong to either of these two organizations. But if we give Lithuania a taste, it means something different. Since Lithuania is a member of both the European…