Hungary’s New Government Risks EU Fight Over Russian Energy
Peter Magyar during his inauguration on May 9.
Photographer: Akos Stiller/BloombergThe new government of Hungarian Prime Minister Peter Magyar is risking a standoff with the European Union over a plan to stick with Russian energy purchases.
Budapest wants to diversify the country’s energy imports after the previous government’s near total reliance on Russian procurements, but doesn’t want to cut itself off completely, incoming Economy and Energy Minister Istvan Kapitany said on Monday.