countries friends of yours, i was going to say, but clearly the word friend is wrong now but formerfriends of yours in hungary, for example, a member of the visegrad four group, along with you in the czech republic and slovakia, and poland, hungary takes a very different view. viktor orban, the prime minister, says that europeans are, in effect, fanning the flames of this conflict. they are prolonging this conflict with their anti russia stance. and he says, no way will hungaryjoin the weapons supply to ukraine. and they will, in fact, continue their energy cooperation, their economic cooperation with vladimir putin. is it time to reconsider hungary s position inside the european union? well, through the history of the eu and nato,
in london. good to have you. there are some caveats here. jim noted one of them. it is still really significant though. it is hugely significant. it has taken a month of negotiations since the eu commission first announced this as a proposal. this is a sixth round of sanctions, the hardest yet and there are a number of items on the list. i can show you some of those. includes removing russia s biggest bank from s.w.i.f.t., more individuals being targeted, banning state-owned tv broadcasters, more of them. it is the top one, banning 90% of russian oil imports by the end of the year. it was 100%. this is where the big concession has been. it is not including a pipeline that goes to hungary, czech republic and slovakia. they will still be able to get their russian oil via pipeline for the foreseeable. plus, there is a timeline on this. it is not immediate. it will kick in in six months, eight months for refined products, and critics have said this is too long because this
russian oil into the eu. but all in all, it will be about 90%, they say. to begin with, it will be an immediate ban on the oil that comes into the eu by sea, that is about two thirds. and then there is an exemption for the oil that comes in by pipeline, but countries like germany and poland have volunteered to wind down the oil they receive by pipeline by the end of the year and that will leave about 10%, which comes in two countries that are landlocked like hungary, the czech republic and slovakia. hungary had been one of the countries that had been one of the countries that had been against this oil ban because it said it would hurt the hungarian economy. said it would hurt the hungarian econom . ., , said it would hurt the hungarian econom. . , ,. ,, ., , economy. there have been discussions about how long economy. there have been discussions about how long this economy. there have been discussions about how long this particular- economy. there have been discussions about how lo
and then there is an exemption for the oil that comes in by pipeline, but countries like germany and poland have volunteered to wind down the oil they receive by pipeline by the end of the year and that will leave about io%, which comes in to countries that are landlocked like hungary, the czech republic and slovakia. and hungary had been one of the countries that had been against this oil ban because it said it would hurt the hungarian economy. there have been discussions about how long this particular ban will last, how quickly the eu will return to try to extend this ban further. but hungary will be the country that remains an issue in terms of bringing it on board, bringing viktor orban on board with what other countries might want to do? yes, hungary emerged as the main