Trade Trade

EU's latest Russia sanctions in limbo as Hungary holds out against oil embargo

A proposed EU ban on imports of oil from Russia along with other measures in a sixth sanctions package is stuck on hold as the bloc's leaders struggle to convince Hungary to back the measures.
The European Commission proposed the sanctions last week, but they haven't been approved quickly and unanimously

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Kathryn Carlson

Financial Services Correspondent, Europe

Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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