At this stage, Hungary is maintaining its veto on the legislative text aimed at increasing the duration of European sanctions against the Central Bank of Russia from 6 to 36 months.
“We must wait”, confirmed the Hungarian Finance Minister, Mihály Varga, on Tuesday 5 November at the end of the Ecofin Council, noting that this point was not on the agenda for the meeting of European finance ministers. Hungary wants to wait for the results of the American presidential elections before...