EU state offers to cover costs incurred by Hungary for cutting energy ties with Russia

Estonia could help Budapest pay penalties for terminating contracts with Moscow, President Alar Karis has suggested

Estonia could help Hungary pay contractual penalties if Budapest cuts energy ties with Moscow, the Baltic country’s president, Alar Karis, has suggested.

A number of EU countries have criticized Hungary for continuing to import Russian oil and gas despite the bloc’s sanctions on the country over the Ukraine conflict. Budapest has maintained that, regardless of the EU’s efforts to cut so-called energy dependence on Moscow, Russian supplies are nonetheless critical for the country’s energy security.

Speaking to Finnish newspaper…

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