The EU will be able to renew its sectoral sanctions against Russia after Hungary abandoned its veto threat, which it had linked to energy concerns. View on euronews

Before relenting, Budapest had threatened to allow billions of dollars to flow back to the Kremlin in a row over energy imports.

Hungary has not yet decided whether to support the sanctions rollover due at the end of this month. The EU renews sanctions every six months and requires unanimity among its 27 member countries to do so.

The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to multiple reports.

The EU has renewed sanctions against Russia despite Hungary's initial objections, following assurances on energy-related issues and amidst Belarus election controversy.

The European Commission will continue talks with Ukraine on natural gas supplies to Europe and will include Hungary and Slovakia in these talks, according to a statement shared by an EU diplomat and seen by Reuters on Monday.

Hungary has dropped its threat to prevent EU sanctions against Russia from being rolled over for another six months.

Hungary's representatives have not yet agreed to a decision on the extension of EU sanctions against Russia. The issue will be considered at an EU Council meeting at foreign minister level on Monday,

Hungary wants the European Union to intervene in a gas dispute it has with Ukraine, a potential sign of friction in the bloc's upcoming discussions over renewing sanctions against Russia.