Hungary faces energy crossroads amid EU's Russian gas ban - DailyNewsHungary
6 Articles
6 Articles
Moscow’s quiet ally in Europe’s energy war
As the EU pushes to break its reliance on Russian energy, internal divisions are beginning to surface—most notably in Hungary – writes Eliah Y. While Brussels calls for unity and strategic independence, Hungary has quietly maintained ties that appear to support the Kremlin’s influence in Eastern Europe. This is playing out most clearly in Moldova, […]
EU’s Russian Gas Ban Could Triple Heating Costs, Think Tank Warns
Hungarian households could face a more than threefold increase in heating bills if the European Union moves forward with its proposed full ban on Russian natural gas imports, according to a new report by the Századvég Institute.The economic think tank estimates the drastic measure would burden Hungary with €2.8 billion in additional annual costs, posing serious challenges to both the national energy infrastructure and household finances.The Száz…
Heating costs for Hungarian families could triple under EU plans to ban Russian gas, think tank warns
By Thomas Brooke | Remix News | May 13, 2025 Heating bills for Hungarian households could rise by as much as three and a half times if the European Union moves forward with a full ban on Russian natural gas imports, according to a new report by the Századvég Institute, as cited by Magyar Hírlap. The economic research group estimates such a move would impose nearly HUF 1,100 billion (approximately €2.8 billion) in additional annual costs on Hunga…
Hungary faces energy crossroads amid EU's Russian gas ban - DailyNewsHungary
The European Commission’s latest plans could have a major impact on Hungary, which still relies heavily on Russian energy sources. The European Union’s 2027 target to completely eliminate Russian gas imports raises serious questions about Hungary’s future energy security and economic stability. The new roadmap, which has been updated under the REPowerEU programme, is not only a symbolic step by the EU but also sets out a forced path for member s…
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