With three of the four pipelines delivering Russian natural gas to Europe out of commission, Hungary is now the only EU member state still receiving Russian gas, Forbes Hungary writes. There are four pipelines that could supply Russian natural gas to Europe:
Due to the huge income Russia has made from soaring gas prices, coupled with a massive reduction in other trade with Europe, Russia has no interest in completely shutting down these pipelines.
Although Hungary still receives gas, its price is linked to market prices, thus the country is strongly opposed to any further sanctions against Russia.
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Earlier this week, Prime Minister Viktor Orbán announced a national consultation over the EU's Russia sanctions, with the consultation asking citizens whether they support the sanctions or not.
The Hungarian government has vocally opposed many of the sanctions imposed on Russia arguing they harm Europeans more than they hurt Russians.
Hungarian Prime Viktor Orbán just last week called for an end to Russian sanctions by the end of the year in order to halt inflation, halve food prices, and bring soaring energy costs under control.
By Zerohedge.com
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