Home Economy Hungary opposed the EU decision to reduce gas consumption

Hungary opposed the EU decision to reduce gas consumption

Hungary was the only country to oppose the decision of the European Union (EU) to reduce gas consumption. This was announced on Tuesday, July 26, by Foreign Minister Peter Szijjártó.

According to Bloomberg, he noted that this decision is contrary to the interests of the country.

Hungarian Prime Minister Viktor Orban called the EU’s actions “alarming” and “another step towards a war economy.”

Earlier Tuesday, European Union countries reached a political agreement to cut their gas consumption by 15% until next winter as the prospect of cutting off supplies from Russia becomes increasingly likely.

Energy ministers meeting in Brussels gave the green light to a proposal to voluntarily reduce gas consumption over the coming months. The plan makes a 15% savings target mandatory in the event of an emergency, such as a major disruption to gas supplies from Russia.

At the same time, the head of the Czech Ministry of Industry and Trade, Josef Sikela, said that new measures to reduce gas consumption in the EU provide for derogations.

“The most important result is that we will start saving gas now,” Energy Commissioner Kadri Simson told reporters.

On July 25, the head of the European Commission, Ursula von der Leyen, called on the European Union to prepare to cut off gas supplies from Russia. She urged to act as soon as possible, as the energy security of Europe depends on it.

On July 20, the European Commission proposed to the EU countries to set a goal to reduce gas demand by 15% from August 2022 to April 2023. Such measures would allow states to improve energy security and reduce dependence on supplies.

In April, Russian President Vladimir Putin noted that the refusal of a number of Western countries from normal cooperation with Russia, as well as from part of Russian energy resources, had already hit Western countries. According to him, inflation is absolutely unprecedented for these countries, prices are rising.

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