Hungary is the only European Union member state willing to pay in rubles for continued Russian gas shipments. Prime Minister Viktor Orbán told a press conference on Wednesday that “if the Russians want payment in rubles, we will pay in rubles.” Other leaders of the European Union have refused Vladimir Putin’s demands to pay in the Russian currency following his warning that he would otherwise cut supplies to Europe. The Ukrainian foreign ministry has criticized the Hungarian government’s decision, classifying it as “an unfriendly stance” against Ukraine.
More in link. Of course Ukraine claims Hungary's PM making decisions in the best interest is anti-Ukraine. Fugg Ukraine for their selfish behavior. Should Hungary citizens do without energy? NO.
Hungary’s currency, the HUF is presently trading at about 230 to the USD$ and about 280 to the Euro. Ought to be an interesting agreement with Russia on the value of the HUF to the Ruble for payment.
One Hungarian HUF =‘s 0.316 Rubles.
Should be an interesting exchange of currencies.
I'm sure smart people in both countries can figure it out. They might even have to break out the old slide rule
