Learn more

By Albin Sybera The European Commission has urged Hungary and Slovakia to shake off their dependency on Russian oil after the two Central European countries complained to Brussels over Ukraines tightening of sanctions on their supplier, Russian oil giant Lukoil. The EC also stated that oil supplies to the two countries are not at immediate risk from Ukraines move. Valdis Dombrovskis, the EUs Commissioner for Trade, stated that diversification away from Russian fossil fuels should be actively pursued in a letter addressed to the governments in Bratislava and Budapest quoted by the Financia