The European Union announced its 16th package of sanctions against Russia on Feb. 24. Among the new targets of the sanctions is the cryptocurrency exchange Garantex, which has already been under sanction by the United States for three years.

Hungary wants to remove eight individuals from the European Union's Russia sanctions list and receive fresh guarantees on Ukraine gas transit talks before agreeing to renew the restrictions, EU diplomats said.

Hungary seeks to remove eight individuals from the EU's Russia sanctions list and demands new guarantees on Ukraine gas transit discussions before consenting to sanctions renewal. Despite the EU's need for unanimous agreement to extend sanctions,

Reuters reported that Budapest wants to remove eight individuals from the European Union’s sanctions list against Russia and secure new guarantees regarding negotiations on gas transit through Ukraine before agreeing to extend the restrictions.

Hungary wants the European Union to remove eight individuals from its sanctions list against Russia. In that case, it may support the extension of restrictions, Reuters informs. According to the media outlet,