Powell speech takes center stage in Tuesday’s economic events
Investing.com -- Hungary has made clear its stance against the European Union’s proposed military training mission taking place within Ukraine. The country’s Foreign Minister, Peter Szijjarto, stated on Monday that such a move would potentially escalate the ongoing conflict.
In addition to this, Hungary has voiced opposition to any sanctions on Russian energy imports. The Foreign Minister communicated these positions during a press conference, which was broadcast on his Facebook (NASDAQ:META) page. The conference took place in Luxemburg, following a meeting of European Union foreign ministers.
These developments highlight Hungary’s cautionary approach to the situation in Ukraine, as well as its reluctance to disrupt energy relations with Russia.
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