February 2023

"National consultations have clearly shown that the Hungarians do not want sanctions, because they will not help Ukraine, they will not bring Russia to its knees and will only cause terrible damage to Europe and Hungary," Orban stressed. He believes the results of the national consultations will be a significant help in his discussions with the leadership of the EU and other countries.

The cold spell next week signals the possibility of heavier withdrawals from the region’s gas storage sites, though inventories are still almost 73% full and well above average levels of the last five years.

Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024.

KEPCO CEO Seung-il Jeong presented the proposal to Fatih Dönmez, Turkey's Minister of Energy and Natural Resources, on 30 January during a meeting in which they discussed plans for KEPCO to participate in the nuclear power plant project.