Hungarian Foreign Minister Peter Szijjarto has vetoed the Council of Europe's resolution on the Peace Formula proposed by Ukraine.
Hungary vetoes Zelenskyy's Peace Formula
Peter Szijjarto announced the veto of the Peace Formula on his Facebook page.
According to him, after Russia's expulsion from the Council of Europe, the opportunity to achieve peace within this platform was allegedly lost.
The head of the Ministry of Foreign Affairs of Hungary vetoed the resolution recognising the Peace Formula proposed by the President of Ukraine, Volodymyr Zelenskyy.
According to Szijjarto, other "peace plans" should be taken into account.
Hungary does not want to support new sanctions against Russia
The Hungarian leadership is once again trying to undermine the EU's monolithic position on anti-Russian sanctions.
Hungary expressed serious doubts about the new sanctions during the first talks with the ambassadors, refusing to directly oppose the measure but demonstrating its warning. Hungary's chief ambassador said that Budapest would block any sanctions that increase the cost of energy in Europe.
The sanctions will prohibit EU countries from re-exporting Russian liquefied natural gas (LNG), which could deprive Moscow of significant profits. However, they will not stop the purchase of Russian gas in the EU and will not directly affect Hungary's business interests.
However, Hungary is heavily dependent on Russian exports and has long opposed further energy sanctions against Moscow, which require the unanimous support of all 27 EU countries.