Investigation Exposes Bulgarian Role in Massive Russian Money-Laundering Operation
Bulgarian brokerage firms have been implicated in an international investigation into a Russian money-laundering scheme. According to Intelligence Online
Hungary has accused Ukraine of blackmailing both itself and Slovakia by halting oil supplies, according to a statement from Hungarian Prime Minister Viktor Orban’s advisor, Gergely Gulyas. The accusations come in the wake of Ukraine’s decision to impose sanctions on Russia's Lukoil, which has disrupted the oil transit through the country.
Budapest and Bratislava intensified their pressure after they stopped receiving oil from Lukoil, which had been transported via Ukraine. This action followed Ukraine's placement of Lukoil on its sanctions list. Both Hungary and Slovakia have urged the European Commission to address the situation, citing the association agreement with Ukraine which they believe should prevent such disruptions.
Gulyas described Ukraine’s actions as blackmail, emphasizing that if the issue remains unresolved, a fuel shortage could occur. He stressed the need for a resolution by September. The Ukrainian Ministry of Energy has yet to comment on the allegations.
Prime Ministers Viktor Orban of Hungary and Robert Fico of Slovakia have criticized the sanctions imposed on Russia and the Western military support provided to Ukraine. Despite the EU sanctions on Russian oil implemented in 2022, Slovakia, the Czech Republic, and Hungary were granted exemptions due to their significant reliance on Russian energy.
The decision by Ukraine to sanction Lukoil has raised concerns about increased credit risk for refineries in Slovakia and Hungary, as reported by Fitch Ratings. In response, Slovakia has called on the European Commission to expedite consultations with Ukraine. Gulyas also indicated that Hungary is looking for solutions, including urging Ukraine to reconsider its stance or finding legal means to bypass the sanctions.
Hungarian European Affairs Minister János Boka stated that Hungary is examining whether Ukraine’s actions might breach World Trade Organization rules.
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Ukrainian President Volodymyr Zelensky has warned that Russia is not only continuing its war against Ukraine but may also be preparing for a major military offensive in Europe between 2029 and 2030
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Ukraine’s Justice Minister Herman Halushchenko has been suspended following a sweeping investigation by the National Anti-Corruption Bureau (NABU) into large-scale corruption at the state nuclear energy company Energoatom
Ukrainian forces have withdrawn from positions near five settlements in Zaporizhzhia Oblast, according to Vladyslav Voloshyn, spokesperson for Ukraine's Southern Defense Forces
President Volodymyr Zelensky has voiced strong support for the large-scale anti-corruption operation currently being carried out by Ukraine’s National Anti-Corruption Bureau (NABU)
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