Gazprom Deal Lets Hungary Delay Gas Payments of $1.9 Billion

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Gazprom Deal Lets Hungary Delay Gas Payments of $1.9 Billion
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Hungary may be able to defer about 1.9 billion euros in gas payments to Russia's Gazprom, giving breathing room for the battered economy

Prime Minister Orban’s cabinet didn’t disclose terms of dealHungary, one of the most reliant European countries on Russian energy, will get a deferral of about 1.

9 billion euros on gas payments toMonday that it had won a three-year reprieve from Gazprom on payments coming due in the six-month period, without disclosing the terms of the deal.

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