The EU has agreed to extend sanctions against Russia for another six months. Hungary is ready to give the "green light" if three individuals are excluded from the sanctions list, according to a statement by Radio Free Europe / Radio Liberty correspondent Rikard Jozwiak,

If the EU’s Committee of Permanent Representatives at the ambassadorial level fails to reach a consensus on extending sanctions against Russia for the next six months due to Hungary’s stance, the European Union's economic restrictions on Russia could be lifted on Saturday.

Hungary has threatened to block the EU’s renewal of sanctions imposed on about 2,000 Russians unless oligarch Mikhail Fridman is removed from the list.

Hungary's resistance has put the EU in a situation of maximum suspense less than 72 hours before the individual sanctions are set to expire. View on euronews

Hungary’s ambassador to the EU demanded that Mikhail Fridman be removed from the sanctions list, threatening to block the extension of EU sanctions imposed on about 2,000 Russians otherwise, the Financial Times reported,

The EU’s entry bans and asset freezes, imposed on politicians and business figures accused of supporting or enabling Russia’s war against Ukraine, are set to expire Saturday unless all 27 EU member states agree to extend them for another six months.

Hungary’s ambassador to the EU has demanded the removal of Russian billionaire Mikhail Fridman from the bloc’s sanctions list before agreeing to extend sanctions over Russia’s war in Ukraine, the Financial Timesreported Thursday,