Also in this newsletter: a record heatwave takes its toll in Greece
Good morning. Today, our trade and energy team report on Brussels’s hesitation in coming to Hungary and Slovakia’s aid in their face-off with Kyiv over Russian oil supplies, and our Athens correspondent reports on the deadly heatwave sweeping across Greece. Attempts by Hungary and Slovakia to enlist the EU in their latest dispute with Ukraine failed yesterday.
Pellegrini added that Slovakia was helping Ukraine with gas reserves and electricity supplies. Spokespeople for Hungary declined to comment. Lukoil supplies which pass through Ukraine account for around 25-30 per cent of the country’s oil imports. Turkey’s central bank has handed $5bn back to Saudi Arabia, in a morale-boosting symbol of Ankara’s progress in replenishing its foreign currency stores after embracing more conventional economic policies.
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