EU wants to renew Russia sanctions, but Hungary and Slovakia resist
· WOWERI
The EU wants to renew individual sanctions on Russia, but Hungary and Slovakia are blocking the decision. The sanctions renewal deadline is March 15.
Introduction of Russia Sanctions
The EU wants to renew individual sanctions on Russia, which were introduced in response to Russia's aggressive actions in Ukraine. However, Hungary and Slovakia are resisting this decision, citing economic interests and damage to the Druzhba oil pipeline.
Consequences of Sanctions
The sanctions may have serious consequences for the Russian economy, including trade and investment restrictions. However, Hungary and Slovakia are concerned that the sanctions could harm their own economies.
What to do next
Source: euronews.com