• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Hungary’s PM urges EU to lift Russia sanctions

by January 17, 2025
written by January 17, 2025

Investing.com — Hungarian Prime Minister Viktor Orban has called on the European Union to end its sanctions against Russia. His call comes as the incoming U.S. administration under Donald Trump is expected to herald a “new era” starting next week.

Orban expressed his views on state radio on Friday, suggesting that it’s time to discard the sanctions and establish a sanctions-free relationship with Russia, although he acknowledged that this might take some time.

The EU has imposed 15 rounds of sanctions on Russia in response to its full-scale invasion of Ukraine. These sanctions need to be renewed every six months. The next renewal, which requires a unanimous decision among the 27 member states, is due by the end of January. This is 11 days after Trump is set to be inaugurated.

Last month, Orban surprised other EU leaders at a summit in Brussels by stating he was not prepared to proceed with an extension of the sanctions, as reported on December 19. During the radio interview, however, Orban did not confirm if he would veto the extensions.

The Hungarian leader also suggested that the EU might need a “couple of months” to change its stance on Russian sanctions. He stated that the bloc “should be in the phase of getting sober,” but instead, it is doubling down on sanctions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
UK government bonds yields fall as more Bank of England rate cuts likely
next post
UK markets pricing in 3 interest-rate cuts this year after soft retail sales

You may also like

Trump’s Colombia tariffs on hold after Bogota agrees...

March 13, 2026

Analysis-To weather Trump, emerging market investors look to...

March 13, 2026

Fuji Media, rocked by sexual misconduct allegations, says...

March 13, 2026

China central bank conducts 1.7 trln yuan of...

March 13, 2026

European tech shares tumble as China’s AI push...

March 13, 2026

ECB president fears loss of central bank independence

March 13, 2026

Futures slip as investors eye China’s latest AI...

March 13, 2026

How billionaire Caltagirone could influence Italy’s banking M&A...

March 13, 2026

Markets may be repeating the mistake of 2019,...

March 13, 2026

How Italy’s MPS went from near collapse to...

March 13, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Trump administration alleges Nike discriminated against white workers

      March 13, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      March 13, 2026
    • Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy

      March 13, 2026
    • Cardi B’s cameo in Bad Bunny’s Super Bowl halftime show leads to dispute on prediction markets

      March 13, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (690)
    • Stock (6,426)

    Latest News

    • Trump administration alleges Nike discriminated against white workers
    • Landmark trial accusing social media companies of addicting children to their platforms begins

    Popular News

    • Singapore cenbank fines JPMorgan $1.8 million over misconduct by relationship managers
    • Startup led by ex-Walmart executive nears deal to buy Grubhub, WSJ reports

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy