Hungarian Prime Minister Orban called on the EU to lift sanctions against Russia

Hungarian Prime Minister Orban called on the EU to lift sanctions against Russia

At a meeting of the ruling parties, the prime minister said that the events in Ukraine are no longer a local conflict, and the EU sanctions against Russia have turned it into a global economic war.

In addition, the situation is dragging on, and now the protection of security, the economy and Hungary's sovereignty is crucial. At the same time that military actions worry people on television, it is inflation that has a direct impact on them, the Prime Minister noted in this regard.

According to him, before the April elections, economic trends looked predictable, but the EU yet imposed its own sanctions, including a ban on oil and gas purchases, which has led to a triple increase in gas prices since June.

Orban argues that if the EU lifted its sanctions, prices would immediately halve along with inflation. As a result, the European economy will recover and an imminent recession will be avoided. 

Earlier, Hungary announced that it would not support visa restrictions for Russians, despite the fact that a number of other countries have introduced similar bans.

As Hungarian Foreign Minister Peter Szijjártó explained, Hungary does not even want to discuss energy sanctions, since it is approximately 85 percent dependent on Russian gas. That is, without Russian sources of energy, Hungary cannot provide itself with oil and natural gas.

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