Search results: energy crisis

Hungarians Reject Energy Sanctions

97 percent of Hungarians oppose sanctions that they believe would seriously harm the country, according to the results of the national consultation launched by the government last year.

Why the Azeri Green Energy Deal Is Important

The solution to the energy supply crisis that Europe is facing should not be the imposition of a gas or oil price cap, since that only further reduces the availability of fossil fuels. Instead, what is needed is the exploration of new energy sources and their transmission to Europe.

Energy Prices Will Stay High for Years, Says UN WFP Economist

‘What we are seeing now is unprecedented, because of the relevance of these two key countries. Not just in terms of food, but also in terms of oil and fertiliser and energy production. So, it’s a very complex crisis that is affecting many essential commodities.’

Orbán: Brussels Decisions Raised Energy Prices

In his speech to Hungary’s parliament on Monday, Hungarian Prime Minister Viktor Orbán noted that while US prices for oil, natural gas, and electricity are a fraction of those in Europe, countries in Europe are currently paying a sanctions surcharge on these commodities.

Hungarian People Oppose Energy Sanctions

According to a recent poll, most Hungarians are against implementing new sanctions on Russian gas. The majority also thinks that the sanctions hurt Europe more than Russia.

Hungary in the Face of Europe’s Crisis

While many countries struggle fighting the crises that are running rampant in Europe, the Hungarian response has managed to shield people from the worst effects of the war.