How the US sanctions crushed Hungary’s nuclear plant project

Foreign Minister Péter Szijjártó acknowledged issues with the Paks II nuclear power plant project, primarily due to US sanctions on Russia's Gazprombank, which is crucial for financing. Delays have occurred, subcontractors are unpaid, and transparency in public procurements has decreased. Despite some progress, the sanctions have created significant challenges for the project, leading to layoffs and stalled payments. The Hungarian government is seeking exemptions from these sanctions to facilitate the project's continuation.