Hungarian pressure on the European Union's decision to impose an oil embargo against Russia could cost Hungarian Prime Minister Viktor Orban dearly. Vice-President of the EU Parliament Katarina Barly proposes to strip Budapest of the right to vote on the grounds of blackmail and abuse. Billions from Brussels to bail out Hungary also at stake. Katarina Barley stated this on the air of the German radio station MDR Aktuell, reports ntv..

Katarina Barli called for depriving Hungary of the right to vote in the European Union, as the country abuses the principle of consensus in the EU and uses it as a means of blackmail. A country's voting rights could be suspended for violating the rule of law, Barley explained.

“In Hungary, in particular, it is no longer possible to talk about democratic conditions and the rule of law. Prime Minister Viktor Orban has taken the country "

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Recall that due to the opposition of Hungary, the EU could not agree on the sixth package of anti-Russian sanctions for a month.. Viktor Orban until the last refused to agree to the oil embargo and called all the new conditions for this. As a result, the EU came to the decision to impose a partial oil embargo, allowing Hungary to buy Russian oil pumped through the pipeline. In addition, the EU and the UK have banned all European insurance companies from providing services to ships that transport Russian oil..

According to preliminary estimates by Bloomberg, Russia will lose up to $10 billion annually as a result of the embargo..