Hungary

Hungary detains 7 Ukrainian bank employees, seizes $75M

March 6 (UPI) — Ukraine‘s foreign minister accused Hungary of kidnapping seven Ukrainian state bank employees and stealing the cash and gold they were transporting, and Hungary announced it would expel the bank staff.

Ukraine’s Oschadbank said on Thursday that two vehicles with seven employees and about $75 million were stopped in Budapest Thursday, and Kyiv has lost contact with the personnel. The vehicles were transporting cash and gold from Austria to Ukraine.

Budapest announced Friday that the seven bank employees would be expelled from Hungary, and accused the seven people detained of money laundering.

On Wednesday, Hungarian Prime Minister Viktor Orbán and Ukrainian President Volodymyr Zelensky traded threats and accusations. Budapest blamed Kyiv for blocking a Russian oil pipeline into Hungary, but Kyiv said the pipeline was damaged by a Russian air strike in January, the BBC reported.

One month before the Hungarian elections, Orban is trailing in polling.

“Today in Budapest, Hungarian authorities took seven Ukrainian citizens hostage,” Ukrainian Foreign Minister Andrii Sybiha said Thursday on X. “The reasons are still unknown, as well as their current well-being, or the possibility of contacting them. … We will also address the European Union with the request to provide a clear qualification of Hungary’s unlawful actions, hostage-taking, and robbery.”

In a Friday morning post, Sybiha called it “state banditism.”

“Political statements from Hungarian officials this morning show that the detention of seven Ukrainian citizens in Budapest was part of Hungary’s blackmail and electoral campaign,” the post on X said. “Orban’s list of demands for Ukraine this morning was particularly telling. This is what typically happens after people are taken hostage: demands. We will not tolerate this state banditism.”

Oschadbank released a statement calling for the release of its employees.

It said the employees “were unjustifiably detained in Hungary while carrying out a regular transport of foreign currency and bank metals between Raiffeisen Bank Austria and Oschadbank Ukraine. … Oschadbank demands the immediate release of its employees and property and their return to Ukraine.”

The bank said the vehicles carried $40 million in U.S. dollars, about $40.5 million in euros and about 20 pounds of gold. The transfer was part of an agreement with Raiffeisen Bank.

“The cargo was registered in accordance with international transportation rules and current European customs procedures,” Oschadbank said in the statement.

It’s not clear what has happened to the cash and gold, but the BBC reported that Polish Foreign Minister Radek Sikorski said, “they’ve stolen the money.”

Hungary alleges that the transport was part of a money laundering operation. The Hungarian National Tax and Customs Administration said that seven Ukrainian nationals were arrested, including a former Ukrainian intelligence general, with two armoured cash trucks also seized.

“This year alone, more than $900 million, $486 million (in euros), and 322 pounds of gold bars have been transported through the territory of Hungary to Ukraine,” the statement said.

Hungarian Foreign Minister Péter Szijjártó also posted on X: “The government demands immediate answers and explanations from Ukraine on the cash shipments through Hungary. The question arises whether this is the money from the Ukrainian war mafia,” Szijjártó said.

Ukraine has issued a travel warning for its people to avoid traveling through Hungary.

“The Ministry of Foreign Affairs recommends that Ukrainian citizens refrain from traveling to Hungary due to the lack of guarantees of their safety against the backdrop of arbitrary actions by the Hungarian authorities,” a statement said.

Founder of the Women’s Tennis Association and tennis great Billie Jean King (C) smiles with representatives after speaking during an annual Women’s History Month event in celebration of the 50th anniversary of Title IX in Statuary Hall at the U.S .Capitol in Washington on March 9, 2022. Women’s History Month is celebrated every March. Photo by Bonnie Cash/UPI | License Photo

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EU sanctions Russian officials as Hungary blocks funds to Ukraine | Russia-Ukraine war News

European Union fails to approve further Russia sanctions and a $106bn loan to Ukraine after Hungary refuses to agree.

The European Union has imposed sanctions on a new group of eight Russian individuals suspected of serious human rights violations, as EU member state Hungary vetoed additional sanctions on Moscow and a crucial loan for Ukraine on the eve of the war’s fourth anniversary.

The European Council on Monday said the individuals were members of the judiciary responsible ⁠for sentencing prominent Russian activists on politically motivated charges, as well as heads of penal colonies where political prisoners were held in inhuman and degrading conditions.

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Under the sanctions, the individuals are banned from ⁠travelling to or transiting through the EU, their ⁠assets are frozen, and EU citizens and companies are prohibited from making funds available to them.

So far, 72 individuals have been hit by similar measures, including members of the judiciary, Ministry ⁠of Justice officials, and senior figures within Russia’s prison ⁠network.

The announcement came as the bloc failed to agree on a 20th sanctions package targeting the ‌Russian authorities more broadly and ‌a $106bn loan for Ukraine.

Hungary, the friendliest EU state to the Kremlin, vetoed the measures – which required unanimous approval within the EU bloc – following claims that Kyiv is delaying restarting the flow of Russian oil via a Soviet-era pipeline.

Kyiv says the Druzhba pipeline, which still carries Russian oil over Ukrainian territory to Europe, was damaged a month ago by a Russian drone strike, and it is fixing it as fast as it can.

Hungary and Slovakia, which have the EU’s only ⁠two refineries that still rely on oil via Druzhba, blame Ukraine for the delay.

Tensions were further exacerbated on Monday as Ukrainian security officials claimed to have launched a drone attack that sparked a fire at a Russian pumping station serving the Druzhba oil ⁠pipeline.INTERACTIVE-WHO CONTROLS WHAT IN EASTERN UKRAINE copy-1771420406

‘Message we didn’t want to send’

Hungarian Foreign Minister Peter Szijjarto told reporters ahead of the EU meeting that Budapest would block the loan as Kyiv had taken the “political decision” to “endanger our energy security”.

“The Druzhba pipeline has not been hit by any Russian attack, the pipeline itself has not been harmed, and currently there is no physical reason and no physical obstacle to reinstall the deliveries,” he said.

EU foreign policy chief Kaja Kallas called the failure to approve the new package a “setback and message we didn’t want to send today, but the work continues”.

Ukrainian Foreign Minister Andrii Sybiha said in a post on X that Hungary and Slovakia should not be allowed to “hold the entire EU hostage” and called on them to “engage in constructive cooperation and responsible behaviour”.

Maximilian Hess, an analyst at the Foreign Policy Research Institute, said the loan was “crucial for keeping Kyiv able to finance itself going forward in this conflict”.

Hess argued Hungarian Prime Minister Viktor Orban is using the issue to his political advantage ahead of elections on April 12.

“Orban is trying to make this a political issue, and he’s trying to blame his own economic difficulties on Ukraine [to boost] his chances in this election,” the analyst told Al Jazeera.

Independent polls suggest the right-wing nationalist leader is facing the most serious challenge yet in his 16 years as prime minister.

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Hungary blocks latest EU sanctions on Russia, $105B loan to Ukraine

European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas arrives for a Foreign Affairs Council meeting in Brussels on Monday. She vowed to find a solution to a threat by Hungary to veto the bloc’s latest round of sanctions against Russia. Photo by Olivier Matthys/EPA

Feb. 23 (UPI) — A new package of European Union sanctions on Russia over its invasion of Ukraine, the 20th such set of measures, was stalled Monday after being blocked by Hungary, which is demanding Ukraine reopen a pipeline supplying it with Russian oil.

EU foreign policy chief Kaja Kallas said there was “not going to be progress” on the new round of sanctions at Monday’s meeting of EU foreign ministers in Brussels in time for the fourth anniversary of the war, which falls Tuesday.

“We are doing our utmost to have the sanctions package, through, and we are looking for ways how we can do it. But as we have heard some very strong statements from Hungary. I don’t really see they are going to change this unfortunately today,” she said.

“We should not tie together things that are not connected to each other at all. But let us listen to them explaining the reasons why they are blocking, and then see whether there are possibilities to overcome.”

Hungarian Foreign Minister Peter Szijjarto took to social media Sunday to make Hungary’s quid pro quo stance clear.

“The EU aims to adopt the 20th sanctions package at the Foreign Affairs Council. Hungary will block it. Until Ukraine resumes oil transit to Hungary and Slovakia via the Druzhba pipeline, we will not allow decisions important to Kyiv to move forward,” Sijjarto wrote on X.

The pipeline was damaged in a Russian attack, but Hungary insists Ukraine is dragging its feet getting it up and running again.

The financial services, trade and energy sanctions package drawn up by the European Commission would bring in a full maritime services ban for Russian crude oil, reducing its income from energy and making it more difficult to find customers. Access to oil tankers for Russia’s so-called “shadow fleet” will also be tackled, along with measures targeting its gas exports.

Transaction bans will be imposed on 20 more Russian banks as part of an effort to hobble Russian efforts to create its own payment systems to circumvent a ban on using the SWIFT international payments system while tightening restrictions on exports to Russia, including military-use goods and technologies, and import bans on Russian rare earth minerals, metals and chemicals, worth at least $1.1 billion in total.

Hungary’s block drew sharp criticism from Hungary’s EU partners with Swedish Foreign Minister Maria Malmer Stenergard telling Euronews it was a “shame” and a “disgrace.”

“Every delay that we have in the adoption of a sanctions package is a failure for Europe,” she said.

French Foreign Minister Jean-Noel Barrot said he was certain the sanctions package would pass, saying it was a matter of when, not if, while Polish Foreign Minister Radoslaw accused the government of Prime Minister Viktor Orban of leveraging anti-Ukrainian sentiment it had whipped up to boost its fortunes in elections in April.

Hungary announced Friday it would also block a $105 billion EU loan to Ukraine, accusing Ukraine of blackmailing Hungary by shutting off the pipeline and conspiring with Brussels and the Hungarian opposition to “create supply disruptions” in Hungary to push up fuel prices ahead of the election.

Orban previously agreed not to veto the loan, along with Slovakia and the Czech Republic, provided it was exempted from contributing financially.

Populist Orban has been in power since 2010 after a first term between 1998 and 2002 and has been president of his Fidesz, or Hungarian Civic Party, for the past 23 years.

Former South African president Nelson Mandela speaks to reporters outside of the White House in Washington on October 21, 1999. Mandela was famously released from prison in South Africa on February 11, 1990. Photo by Joel Rennich/UPI | License Photo

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Slovakia threatens to cut electricity to Ukraine over Russian oil spat | Oil and Gas News

Slovakia and Hungary vexed after Russian oil flows via Ukraine halted by alleged Russian drone strike last month.

Slovak Prime Minister Robert Fico has issued Ukraine a two-day deadline to resume the pumping of Russian oil through its territory, threatening to cut off electricity to the war-torn country if this demand is not met.

Fico issued his ultimatum to Ukrainian President Volodymyr Zelenskyy on Saturday, warning on X that he would ask state-owned company SEPS to halt emergency supplies of electricity if flows of Russian crude via the Soviet-era Druzhba pipeline crossing Ukraine are not resumed by Monday.

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Slovakia and neighbouring Hungary, which have both remained dependent on Russian oil since the Kremlin launched its invasion of Ukraine almost four years ago, have become increasingly vocal in demanding Kyiv resume deliveries through the pipeline, which was shut down after what Ukraine said was a Russian drone strike hit infrastructure in late January.

The Slovak leader accused Zelenskyy of acting “maliciously” towards his country, alluding to Ukraine’s earlier halting of Russian gas supplies after a five-year-old transit agreement expired on January 1, 2025, which he claimed is costing Slovakia “damages of 500 million [euros; about $589m] per year”.

Describing Zelenskyy’s actions as “unacceptable behaviour”, he said that his refusal to “involve the Slovak Republic in the latest 90 billion euros ($105bn) military loan for Ukraine” had been “absolutely correct”.

Slovakia is a major source of European electricity for Ukraine, needed as Russian attacks have damaged its grid. Energy sector experts say Slovakia provided 18 percent of record-setting Ukrainian electricity imports last month.

EU loan in peril

Hungary, Slovakia and the Czech Republic all opposed the interest-free European Union loan package, which was agreed to by the bloc’s member states back in December to help Ukraine meet its military and economic needs over the coming two years.

While the three nations opposed the package, which replaced a contentious plan to use frozen Russian assets that ran aground over legal concerns, a compromise was reached in which they did not block the initiative and were promised protection from any financial fallout.

However, as tensions mounted over the interrupted supply of Russian oil this week, Hungarian Prime Minister Viktor Orban threatened on Friday to overturn December’s deal by vetoing the EU loan package.

“As long as Ukraine blocks the Druzhba pipeline, Hungary will block the 90‑billion-euro Ukrainian war loan. We will not be pushed around!” the Hungarian leader wrote on Facebook.

Slovakia and Hungary both received a temporary exemption from an EU policy prohibiting imports of Russian oil over the war in Ukraine.

Ukraine responds

The Ukrainian Ministry of Foreign Affairs slammed Slovakia and Hungary on Saturday for what it called their “ultimatums and blackmail” over energy issues, saying the two countries are “playing into the hands of the aggressor [Russia]”.

The ministry said that Ukraine had provided information on the damage that resulted from “Russian attacks” on the Druzhba pipeline to Hungary and Slovakia, and that repair work is under way.

In the meantime, it said, it has “also proposed alternative ways to resolve the issue of supplying non-Russian oil to these countries”.

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Rubio shares Trump’s support of Viktor Orbán ahead of Hungary election

1 of 2 | Prime Minister of Hungary Viktor Orban looks on during a bilateral lunch wiith President Donald Trump in the Cabinet Room of the White House in Washington, D.C., on Nov. 7. Photo by Aaron Schwartz/UPI | License Photo

Feb. 16 (UPI) — U.S. Secretary of State Marco Rubio reiterated President Donald Trump‘s support for Hungarian Prime Minister Viktor Orbán on Monday ahead of what is expected to be a close election.

Rubio said during a news conference with Orbán in Budapest that Trump is “deeply committed” to his success, adding that it is key to the United States’ interests in Central Europe.

“That person-to-person connection that you’ve established with the president has made all the difference in the world in building this relationship,” Rubio said.

Trump has endorsed Orbán, who has transformed Hungary’s government into what he calls an “illiberal state.” Orbán has peeled away at Hungary’s system of checks and balances, moving closer to an autocratic government.

Orbán has also maintained close ties to Russia, relying on Russian energy. The United States has granted Hungary a one-year exemption from U.S. sanctions for continuing to use Russian oil and gas because of Orbán’s relationship with Trump.

“If you have financial struggles, if you face things that are impediments to growth, if you face things that threaten the stability of your country, I know that President Trump would be very interested because of your relationship with him and because of the importance of this country to us,” Rubio told Orbán.

Orbán is being challenged in Hungary’s election by Peter Magyar, a former member of his Fidesz party.

During his comments on Monday, Orbán said the United States has agreed to 17 “investments” in Hungary since Trump took office.

President Donald Trump speaks alongside Administrator of the Environmental Protection Agency Lee Zeldin in the Roosevelt Room of the White House on Thursday. The Trump administration has announced the finalization of rules that revoke the EPA’s ability to regulate climate pollution by ending the endangerment finding that determined six greenhouse gases could be categorized as dangerous to human health. Photo by Will Oliver/UPI | License Photo

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Hungary’s Orban says EU bigger threat than Russia before April elections | Politics News

‘Illiberal’ PM, endorsed by ally Trump this week, to receive US Secretary of State Marco Rubio on Sunday.

Hungarian Prime Minister Viktor Orban says his country should fear the European Union more than Russia while promising to clear away the EU’s “oppressive machinery” before what looks will be heated parliamentary elections.

Delivering his annual state-of-the-nation speech on Saturday, Orban pledged to push out “the foreign influence that limits our sovereignty together with its agents” as the opposition Tisza Party maintains an 8 to 12 percentage point lead over Orban’s ruling Fidesz party eight weeks from the April 12 elections.

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“Fear-mongering about [Russian President Vladimir] Putin is primitive and unserious. Brussels, however, is a palpable reality and a source of imminent danger,” said the 62-year-old leader, who compared the EU to the repressive Soviet regime that dominated Hungary for decades last century.

Since returning to power for a second time in 2010, Orban has waged a campaign against “pseudo-civil organisations”, “bought journalists”, judges and politicians in his drive to build what he calls an “illiberal state”.

His crackdown on immigration has provided a blueprint for right-wing leaders, such as United States President Donald Trump.

‘War or peace’?

In Saturday’s speech, Orban signalled his work of clearing liberal forces from the country is only “half-done”, noting that Trump, who is backing him to win the upcoming vote, “rebelled against the liberals’ global-scale business, media and political network, thereby improving our chances as well”.

On Friday, Trump posted a new endorsement of Orban on his Truth Social platform, saying he’s a “truly strong and powerful leader with a proven track record of delivering phenomenal results”.

The US president’s comments came as US Secretary of State Marco Rubio prepares to visit Hungary on Sunday. Rubio will fly in from the Munich Security Conference in Germany with a stopover in Slovakia for talks with nationalist Prime Minister Robert Fico.

Orban, who has cultivated warm relations with Putin during his current stretch in power, this week cast the April elections as a stark choice between “war or peace”, warning in a Facebook post that Peter Magyar’s Tisza Party would drag the country into the conflict raging next door in Ukraine.

The prime minister has doubled down on his strategy of portraying Magyar as a “Brussels puppet” with billboards depicting him saying “yes” to a demand for “Money for Ukraine!” from European Commission President Ursula von der Leyen.

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