| 16 April 2024, Tuesday |

Hungary PM Orban says EU’s Russia sanctions should be scrapped

Hungary’s Prime Minister Viktor Orban told his governing Fidesz party that European Union sanctions against Russia should be lifted, according to the pro-government daily Magyar Nemzet.

In an emailed response to Reuters, government spokesman Zoltan Kovacs verified the comments.

Orban, a harsh critic of EU sanctions on Moscow over its invasion of Ukraine, made the remarks at a closed-door meeting of his party members on Wednesday, before the start of the autumn political season.

Magyar Nemzet cited Orban as saying – without giving a source – that the EU sanctions have driven up gas prices and inflation, and if these measures were to be scrapped, gas prices would drop by 50% immediately while inflation would also fall.

Without sanctions, Europe could regain strength and could avoid a looming recession, the report quoted Orban as saying, reiterating his earlier stance that the sanctions were hurting Europe more than Russia.

On his Facebook page, Orban posted from the party meeting:

“The Brussels sanctions have pushed Europe into an energy crisis.”

In July, Orban said the EU had “shot itself in the lungs” with ill-considered economic sanctions on Russia, which, unless rolled back, risked destroying the European economy.

  • Reuters