REPORT: Geopolitical and Economic Implications of the 2025 U.S. Sanctions Revocation on Hungary’s Paks II Nuclear Power Plant Expansion

The revocation of U.S. sanctions on Russia’s Gazprombank and Rosatom executives in June 2025, as announced by Hungarian Foreign Minister Péter Szijjártó on June 29, 2025, marked a pivotal shift in the trajectory of Hungary’s Paks II nuclear power plant expansion, a $13.7 billion project led by Russia’s state-owned Rosatom to construct two VVER-1200 reactors. … Leggi tutto REPORT: Geopolitical and Economic Implications of the 2025 U.S. Sanctions Revocation on Hungary’s Paks II Nuclear Power Plant Expansion