Skip to Main Content.
Site navigation
Fidelity.com Home
  • Customer Service
  • Profile
  • Open an Account
  • Virtual Assistant
  • Log In
  • Customer Service
  • Profile
  • Open an Account
  • Virtual Assistant
  • Log Out
  • Accounts & Trade
    • Portfolio Log In Required
    • Portfolio
    • AccountPositions Log In Required
    • AccountPositions
    • Trade Log In Required
    • Trade
    • Trading Dashboard Log In Required
    • Trading Dashboard Log In Required
    • Active Trader Pro
    • Transfers
    • Cash Management Log In Required
    • Cash Management
    • Bill Pay Log In Required
    • Bill Pay
    • Full View Log In Required
    • Full View
    • Security Settings Log In Required
    • Security Settings
    • Account Features Log In Required
    • Account Features
    • Documents Log In Required
    • Documents
    • Fidelity Alternative Investments Program Log In Required
    • Tax Forms & Information
    • Retirement Distributions Log In Required
    • Fidelity Rewards+registered trademark Log In Required
    • Fidelity Rewards+registered trademark Log In Required
    • New Account Checklist Log In Required
    • Lending Solutions-Line of Credit Log In Required
    • Refer a Friend
  • Planning & Advice
    • What We Offer
    • Build Your Free Plan
    • My Goals
    • Financial Basics
    • Building Savings
    • Robo Investing Plus Advice
    • Wealth Management
    • Find an advisor
    • Retirement
    • Life Events
    • Saving & Investing for a Child
    • Charitable Giving
    • Philanthropic Consulting
    • Life Insurance & Long Term Care Planning
  • News & Research
    • News
    • Wealth Management Insights
    • Watch List Log In Required
    • Quotes
    • Quotes
    • Alerts Log In Required
    • Mutual Funds
    • Stocks
    • Fixed Income, Bonds & CDs
    • ETFs
    • Options
    • Markets & Sectors
    • IPOs
    • Annuities
    • Learning Center
    • Notebook
    • Notebook
  • Products
    • Mutual Funds
    • Retirement & IRAs
    • Stocks and Trading
    • Crypto
    • Direct Indexing
    • Fixed Income, Bonds & CDs
    • ETFs
    • Options
    • Sustainable Investing
    • Spending & Saving
    • Managed Accounts
    • 529 College Savings
    • Health Savings Accounts
    • Annuities
    • Life Insurance
  • Why Fidelity
    • The Fidelity Advantage
    • Planning & Advice
    • Trading
    • Straightforward Pricing
    • Insights & Tools
    • Security & Protection
    • Marketplace Solutions
    • About Fidelity
    • Careers
  • Customer Service
  • Profile
  • Open an Account
  • Virtual Assistant
  • Log In
  • Customer Service
  • Profile
  • Open an Account
  • Virtual Assistant
  • Log Out
You are here:
  • Home
  • Research
  • Markets & Sectors
Content and data provided by various third parties and Fidelity – Terms of Use


Find Symbol
Please use symbol entry at top right of page to search

Markets & Sectors

  • Overview

Markets

  • U.S. Markets
  • U.S. Economic Calendar
    • Global Markets
    • Americas
    • EMEA
    • Asia-Pacific
    • Global Economic Calendar

    U.S. Sectors & Industries

    • Sectors & Industries Overview

    News & Reports

    • U.S. Markets
    • Global Markets
    • Reports Search
    Global Markets News

    Show Search News Articles


    Americas

    EMEA

    OK
    Global Markets News
    /research/markets and sectors

    Hungary cannot support any new EU energy sanctions against Russia - govt

    • print Print |
    • A
    • A
    • A
    • BY Reuters|
    • Non-Eurozone , Hungary , Russia |
    • 7:20 AM ET 09/29/2022

    BUDAPEST (Reuters) - Hungary cannot support the European Union's planned eighth round of sanctions against Russia over its invasion of Ukraine if those contain energy sanctions, Prime Minister Viktor Orban's chief of staff said on Thursday.

    The EU executive proposed on Wednesday fresh sanctions against Russia, including tighter trade restrictions, more individual blacklistings and an oil price cap for third countries.

    The proposed sanctions fall short of harder-hitting measures, including a ban on importing Russian diamonds, sought by Russia hawks Poland and the three Baltic countries.

    But EU states need unanimity to impose sanctions and Orban has been a vocal critic, saying on Monday that the EU sanctions have "backfired", driving up energy prices and dealing a blow to European economies.

    "Hungary has done a lot already to maintain European unity but if there are energy sanctions in the package, then we cannot and will not support it," Gergely Gulyas told a briefing.

    "We are waiting for a final, full list of sanctions and then we can negotiate about it. Hungary cannot support energy sanctions."

    Hungary's government is also in talks with the European Commission to secure billions of euros in EU funds blocked over rule-of-law concerns. Gulyas said he expected a deal would be signed as Budapest was ready to meet all its commitments made to the Commission.

    (Reporting by Krisztina Than and Anita Komuves; Editing by Alex Richardson)

    Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

    More Hungary News

    View more Hungary News

    News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

    PDF’s require Adobe® Reader® and will open in a new window.
    Fidelity Investments

    © 1998-2023 FMR LLC.

    All rights reserved.

    • Terms of Use
    • Privacy
    • Security
    • Site Map