If sanctions are lifted from Russia, prices and inflation will immediately drop in Europe. This was stated by Hungarian Prime Minister Viktor Orban at a meeting of the ruling coalition of the Fidesz parties and the Christian Democratic People’s Party.
“Without sanctions, the EU economy would have recovered and could have avoided an impending recession,” Orban was quoted as saying by RIA Novosti.
He stressed that it was the sanctions that caused economic problems, the energy crisis and inflation. “The European bureaucrats did not promise this when sanctions were imposed in Brussels at the beginning of the summer,” Orban said. The EU hoped that the sanctions would hit Russia, but since then it has become clear that the sanctions imposed are causing more damage to Europe, Orban added.
The politician urged members of the ruling coalition to do everything possible so that “Europe lifted these sanctions no later than the end of the year.”
Earlier, Orban said that 11,000 sanctions were imposed against Moscow, but they were unsuccessful, and the resulting inflation and energy shortages could bring the EU to its knees. Orban has repeatedly stated that Europe must change its sanctions policy.