Restrictions against Russia destabilize EU economy | MENAFN.COM

Monday, 08 August 2022 10:07 GMT

Restrictions against Russia destabilize EU economy


(MENAFN) EU bans on Russia were “miscalculated” and might destabilize Europe’s economy, if Brussels did not change its view, Hungarian Premier Viktor Orban announced in a radio interview on Friday.

“The moment of truth must come in Brussels, when leaders admit they have made a miscalculation, that the sanctions policy was based on wrong assumptions and it must be changed,” Orban, an honest critic of the EU’s rule on Russia, said.

He added that as long as Ukraine needs assistance, the bloc's presidents have to alter their plan about Russia.

He also said that the bans could not destroy Russia’s economy and haven’t imposed Moscow to end the military operation. He went on, they have triggered damage to the EU's own economic steadiness.

“The sanctions do not help Ukraine, however, they are bad for the European economy and if it goes on like this, they will kill off the European economy... What we see right now is unbearable,” the Hungarian leader went on to say.

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