Tuesday, July 5, 2022
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Europe
Trending

Hungary Breaks With EU, Will Pay For Russian Gas In Rubles

by SAT Reporter
April 6, 2022
in Europe, International news, Just In
0
Hungary Breaks With EU, Will Pay For Russian Gas In Rubles
0
VIEWS

Hungary has broken ranks with the European Union, saying it will accept Moscow’s demand that gas supplies be paid for in rubles.

Prime Minister Viktor Orban, who has opposed any EU sanctions on Russian oil and gas or Western arms shipments through Hungarian territory to Ukraine, told journalists on April 6 that he had agreed with Russian President Vladimir Putin that if asked, Hungary would pay for gas shipments using the Russian currency.

In retaliation for Western sanctions imposed because of Russia’s unprovoked invasion of Ukraine, Putin has warned Europe that it must pay for gas supplies in rubles or face a possible cut in supplies.

The EU has said it won’t abide by Russia’s demand as it is a breach of contract since payment was agreed upon in euros.

Earlier on April 6, Hungarian Foreign Minister Peter Szijjarto said gas contracts were between his country and Russia, and that the EU had “no role” to play in the deal.

EU countries rely on Russia for about one-third of the bloc’s total gas supplies. It has yet to apply any sanctions on oil or gas from Russia, though European Council chief Charles Michel said on April 6 that measures on the sector will be needed “sooner or later.”

Previous Post

Not only Ukrainians, but all refugees deserve compassion

Next Post

Burkina Faso’s ex-president Compaore handed life sentence in absentia over Sankara murder

SAT Reporter

Related Posts

JPMorgan warns oil prices could surge 240%
Business

JPMorgan warns oil prices could surge 240%

by SAT Reporter
July 4, 2022
15 African countries with the highest defense budgets in 2022
Just In

15 African countries with the highest defense budgets in 2022

by SAT Reporter
July 2, 2022
Key to Unlocking Major Investment in Africa – Better Data

Key to Unlocking Major Investment in Africa – Better Data

by SAT Reporter
July 2, 2022
Key takeaways from CBN’s new cybersecurity guidelines for Other Financial Institutions (OFIs) in Nigeria

Key takeaways from CBN’s new cybersecurity guidelines for Other Financial Institutions (OFIs) in Nigeria

by SAT Reporter
July 1, 2022
Kenya surpasses South Africa as continent’s top avocado exporter

Kenya surpasses South Africa as continent’s top avocado exporter

by SAT Reporter
July 1, 2022
Next Post
Burkina Faso’s ex-president Compaore handed life sentence in absentia over Sankara murder

Burkina Faso's ex-president Compaore handed life sentence in absentia over Sankara murder

Premium Content

South Africa’s Janse van Rensburg to miss rest of Rugby Championship

South Africa’s Janse van Rensburg to miss rest of Rugby Championship

September 15, 2021
Moody’s Investor Service affirms African Development Bank’s AAA credit rating

Moody’s Investor Service affirms African Development Bank’s AAA credit rating

November 18, 2020
Ghanaian fintech startup Zeepay acquires 51% of Zambian counterpart Mangwee

Ghanaian fintech startup Zeepay acquires 51% of Zambian counterpart Mangwee

April 26, 2021

Browse by Category

  • African Continental Free Trade Area
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • BOTSWANA
  • Botswana
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Rwanda
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

africa African business news Africa New Africa News african footballer African investments African manufacturing industry african markets African news African start-up banking Business China Classic Content currency Explore Bali Finance football Life Style Markets Market Stories Namibia news Nigeria oil and gas Oilandgas Opinion Pandemic Politics Premium reserve bank of Zambia Russia South Africa Southern African News sports Stay Home Travel United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?