The EU will be able to renew its sectoral sanctions against Russia after Hungary abandoned its veto threat, which it had linked to energy concerns. View on euronews

Budapest’s U-turn follows Donald Trump’s warning to Moscow that it could face more curbs unless it ends war ‘soon’

The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to multiple reports.

The European Union renewed on Monday its wide-ranging sanctions on Russia over the war in Ukraine, after Hungary stopped holding up the move in return for a declaration on energy security.

On Monday, the European Union agreed to extend its sanctions against Russia for six more months. The sanctions were aimed at depriving Russia of the

Hungary, one of Russia’s main friends in the EU, had left its EU counterparts fuming over a refusal so far to approve the move.

The European Union renewed its sanctions on Russia for another six months after Hungary received energy security assurances. Despite initial resistance, Hungary supported the decision, which prevents Moscow from financing its war efforts.

European Union foreign policy chief Kaja Kallas said she expected the bloc to renew its sanctions on Russia on Monday after Hungary signalled it would stop holding up the move in return for assurances about energy security.