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Added on the 04/05/2022 16:55:46 - Copyright : France 24 EN
EU ambassadors made a final push to persuade Hungary to accept a watered-down oil embargo against Russia before a summit on Monday (May 30). Envoys from the 27 member states were meeting in an attempt to finalise a sixth package of sanctions against Moscow, but remain deadlocked over a proposed embargo on Russian oil. FRANCE 24's Dave Keating tells us more.
Twelve days after the Commission unveiled its plans to impose a phased embargo on Russian oil, negotiations are still dragging on. Hungary is now being accused of keeping the sanction package "hostage".
The EU ban will not be completed until the end of the year, so its economic effects are still unclear.
EU leaders back a ban on most Russian oil imports, after a compromise deal with Hungary to punish Moscow for the war in Ukraine. "It's important to show that we are able to be strong ... that we are able to be tough in order to defend our values, to defend our interests," says President of the European Council Charles Michel.
EU leaders were hoping Monday to persuade Prime Minister Viktor Orban to back a watered-down oil embargo against Russia after a month of haggling over a blocked sanctions package. But the Hungarian leader, who has demanded an exemption from the ban and guarantees for his country's energy supply, warned on arrival at the EU summit that no compromise had yet been reached. FRANCE 24's Catherine Nicholson tells us more.
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