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Slovak PM Fico Pushes to Lift Sanctions on Russian Oligarchs

3/12/2026

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Summary

Story summary

Slovak Prime Minister Robert Fico seeks delisting of two Russian oligarchs, including Alisher Usmanov, from European Union (EU) sanctions, with Hungary's support.
Fico's move could block the March 15 renewal of sanctions on 2,672 Russian individuals and entities.
Hungarian Prime Minister Viktor Orbán vetoed a €90 billion EU loan for Ukraine over Druzhba oil-flow concerns.
EU leaders plan to discuss these issues at the March 19 summit.

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Story summary

Slovak Prime Minister Robert Fico seeks delisting of two Russian oligarchs, including Alisher Usmanov, from European Union (EU) sanctions, with Hungary's support.
Fico's move could block the March 15 renewal of sanctions on 2,672 Russian individuals and entities.
Hungarian Prime Minister Viktor Orbán vetoed a €90 billion EU loan for Ukraine over Druzhba oil-flow concerns.
EU leaders plan to discuss these issues at the March 19 summit.