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Sanctions in opposition to Russia – Hungary threatens to block the extension of EU limitations

Budapest is hoping to lift sanctions on oligarchs Alisher Usmanov, Petr Aven and Viktor Rashnikov, in accordance to a number of qualified diplomatic resources who spoke on condition of anonymity.

Note that the EU intends to increase sanctions against Russians and organizations of the Russian Federation for 6 months. At existing, it features 1217 people today and 108 businesses. Notably, the listing also contains 3 oligarchs.

EU ambassadors intend to discuss the make any difference on 7 September, with an extension to be agreed by 15 September.

Hungary is also inquiring for an exemption for humanitarian organizations to do business with some of the Russian banking institutions at present matter to sanctions.

It has been documented that Hungary could put force on Brussels in this way to change the approval of the “covid” package of European cash for Budapest, which has been delayed due to Brussels problems about the rule of law.

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