Home > News > World
Friday March 28, 2014 MYT 3:50:02 PM
Friday March 28, 2014 MYT 3:50:59 PM
BUDAPEST (Reuters) - Hungary is against the European Union imposing a round of economic sanctions on Russia over its intervention in Ukraine, Prime Minister Viktor Orban was quoted as saying in an interview published on Friday.
The central European country of 10 million people relies on Russia for about 80 percent of its natural gas needs and recently signed a 10 billion euro deal with Moscow for Rosatom to expand Hungary's Paks nuclear plant, a major power generator.
Russia is also Hungary's largest trading partner outside the European Union, with exports worth 2.55 billion euros in 2013.
"Economic sanctions are in the third round and it would be fortunate to avoid these because it is not in the interests of either Europe, or much less Hungary," Orban was quoted as saying by the business daily Vilaggazdasag.
Messages over the past week from officials in the EU's 11 ex-Communist member states indicated that most are going to resist any attempt by the bloc to impose the next stage of sanctions - on trade and economic ties.
Orban said the Ukraine crisis and the political sanctions since imposed have not affected Hungary's nuclear deal with Moscow so far and that he hoped this would remain the case.
The head of Rosatom, Russia's state nuclear corporation, said on Thursday that some of its international contracts could be affected by Western sanctions, RIA news agency reported.
On Thursday, Hungary and Slovakia connected their gas networks as part of European Union efforts to strengthen supply security in a region of the bloc heavily dependent on imports from Russia.
(Reporting by Gergely Szakacs; Editing by Mark Heinrich)
Japan, Jordan seek news on fate of Islamic State captives
Islamic State attacks near Kirkuk, bombs kill 18 in Baghdad
Egypt's Sisi cuts short Ethiopia visit after 30 killed in Sinai
Korean Air chief says he scolded daughter over nut rage
Dynamic and Stylish BMW X1
Healthy living in the heart of Ampang
Locked up in Budapest for fun
‘Thorn Birds’ author Colleen McCullough dies aged 77
Subang Jaya Municipal Council introduces new parking coupon system
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)