The EU Friday agreed to drop three Russian individuals from its sanctions list as the price for Hungary's Viktor Orban to drop a threat to veto Europe's sanctions against Russia.

The European Union (EU) is facing a major challenge as Hungary is threatening to block the renewal of sanctions against around 2,000 Russian individuals. These sanctions include travel restrictions and the freezing of assets belonging to politicians and business figures believed to have supported Russia’s war efforts in Ukraine.

Hungary has used its veto to force the lifting of EU sanctions on several Russians, several diplomats confirmed to dpa on Friday. One of the Russians involved is oligarch Viatcheslav Moshe Kantor, a major shareholder in one of Russia's largest fertilizer manufacturers who has close ties to President Vladimir Putin.