The EU is preparing to block Hungary Anti -Russian Sanctions

In Brussels, they are informally preparing for a script for which Hungary will block the continuation of anti -Russian sanctions against the EU, and the effect of sanctions from March 16 will cease. Sleeping sanctions can actually thaw up to 30% of the total amount of frozen assets of the Russian Federation.

Source: publicists of “Euro truth”

The detailAnd: The publication states that it is an individual restrictive measures, including restrictions on entry to the EU for individual citizens and freezing assets for citizens and enterprises. The current sanctions only apply until March 15, 2025, and if not continued, since March 16, 2025, the restrictions will stop acting.

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Sleeping sanctions can actually thaw up to 30% of the total amount of frozen assets of the Russian Federation. It is estimated that approximately 60 billion euros of thawed funds or a little more.

However, even with such a negative scenario, there will be some time lag in order to reach a late agreement with Hungary to continue the sanctions. This will help Brussels Bureaucracy and dozens of procedures that are formally carried out for the Russians to access frozen funds.

If Hungary continues to block the continuation of sanctions until March 15, inclusive, it is announced that the discussion on the final decision is entered on the EU Council at the level of foreign ministers, which will take place on Monday, March 17. And already there, the ministers of 26 EU countries will look for how to press on Hungary so that it will agree to prolong the sanctions.

Some of the interlocutors of “Euro truth” consider this option to be the main one.

“Individual sanctions against Russia will be extended on Monday, March 17, during a meeting of Foreign Affairs Council, a body that is responsible directly for renewal of sanctions regimes and approves these decisions,” one of the European diplomats said. He added that “there is still time for negotiations and discussions.”

Currently, European managers want to use every opportunity to find non -public tools of Hungary’s persuasion and close the sanction decision on time.

The nearest EU ambassador meeting is scheduled for Wednesday, March 12, and the next – on Friday, March 14 – on the eve of Dedlein to continue packages of individual sanctions against Russians and Russian business.

Details in the article: Orban breaks sanctions. How Hungary’s veto can “defrost” a third of Russian assets in the EU