Kick Hungary Out Of EU Suspicion that Russia’s state nuclear energy group Rosatom may have assisted in providing components to arm Russia’s war efforts in Ukraine has raised new concerns that the flow of Russian nuclear fuel to European or US utilities could be interrupted, notes TradeTech, either as a result of indirect sanctions, transportation logistics, banking and counterparty risks, and any number of other factors that may interfere with the timely delivery of material.
Ukraine has called on the EU to include Rosatom in sanctions. However, EU member state Hungary, which has a Russian-built nuclear power plant it plans to expand with assistance from Rosatom, said it would block any sanctions against Russia affecting nuclear energy.