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Foreign minister Péter Szijjártó put a figure on Hungary's infrastructure upgrade of €15-18bn (Photo: consilium.europa.eu)

Hungary wants EU billions for Russia oil-ban deal

Hungary is continuing to block an EU oil embargo on Russia, but there is optimism its objections can be overcome.

The Hungarian foreign minister, Péter Szijjártó, put a price on Budapest's compliance in a Facebook post while meeting fellow EU ministers in Brussels on Monday (16 May).

"The EU should offer a solution: to finance the investments and compensate for ... the [ensuing] price rises which necessitates a total modernisation of Hungary's energy structure in a magnitude of ...

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