How the US sanctions crushed Hungary’s nuclear plant project

Despite the Orbán-government’s lobbying with the Trump administration, the sanctions against the Russian bank that plays a key role in the Paks expansion remain in place. According to information obtained by Direkt36, however, payments around the project have essentially stopped.

#english #direkt36 #us sanctions #nuclear plant #paks expansion

Antal Rogán removed from US Department of Treasury sanctions list

One of the most powerful ministers of the Orbán government was placed on the list in early January by the Biden administration, citing corruption. Rogán claimed he didn't know why he ended up on the list.

#english #sanctions list #orban government #us sanctions #corruption allegations #biden administration #rogán removed

Szijjártó seeks exemption from US sanctions affecting construction of Hungary's new nuclear plant

As Paks II is being built with major Russian involvement, the US sanctions against Gazprombank have been making it difficult for the project to move forward, the Hungarian Foreign Minister said.

#english #paks ii #gazprombank #us sanctions #nuclear plant

The main question now is how quickly Rogán can be removed from the US sanctions list

If the Orbán administration is able to have Rogán removed from the sanctions list quickly, it will be a stronger political message than the one the Biden administration wanted to send with the sanctioning itself. But if Rogán's name remains on the list for a long time, it will make talking about an improvement in US-Hungarian relations difficult. An analysis.

#english #hungarian relations #us sanctions #rogán removal #orbán administration

The US sanctions one of Orbán’s most powerful ministers, citing corruption

It is prohibited to do business in the United States with those included on the list. The updated list does not include any other Hungarian citizen apart from Antal Rogán.

#english #corruption #antal rogan #us sanctions #orbán minister #corruption allegations #hungarian minister