The European Union agreed on Friday to renew sanctions on Russian individuals and entities but kept Russian tycoon Mikhail Fridman on the list despite pressure from Hungary, EU diplomats said.

The EU has removed three Russian oligarchs from the latest sanctions list under pressure from Hungary, Vedomosti reported on March 14 citing Bloomberg. EU sources say the three unnamed Russian citizens were removed from the sanctions list and the EU has begun the so-called written procedure,

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 EU’s Russia sanctions must be renewed every six months, requiring consent from all 27 countries. In recent months, Hungary has consistently threatened to torch the sanctions every time one component comes up for renewal, pointing to U.S. President Donald Trump’s ongoing ceasefire talks over the war in Ukraine.

The EU has removed a number of Russians from its sanctions list after pressure from Hungary and Slovakia, securing a deal to extend broader measures. The move highlights growing divisions within the bloc over its stance on Moscow,

European Union member states have agreed to extend sanctions against Russians, including several billionaires. Hungary and Luxembourg have dropped their demands to exclude Mikhail Fridman, Bloomberg reports.

The European Union has reached a deal with Hungary to renew sanctions on more than 2,400 primarily Russian entities and individuals hours before they were set to expire on March 15, an EU official with knowledge of the negotiations told the Kyiv independent.

The EU has agreed to remove four individuals from its sanctions list against Russia after a delay from Hungary, AFP and Reuters reported Friday, paving the way for the bloc to extend restrictions on more than 2,