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Hungarian Prime Minister (PM) Viktor Orban. Photo/REUTERS
BUDAPEST – Hungarian Prime Minister (PM) Viktor Orban stressed that Western sanctions against Russia over Ukraine had failed to end the conflict, but instead wreaked havoc on the European economy and pushed up inflation.
Posting on his Facebook page on Sunday (19/2/2023), Orban issued a scathing criticism of EU sanctions, claiming Europe was struggling to contain inflation due to restrictions Brussels imposed on the energy sector.
“The name of the disease is… inflation, and the virus is called the Brussels sanctions,” he stressed, reported by RT.
Orban branded the sanctions “a weapon of Brussels war policy”. He added that while the EU is using this tool to target Russia, it is actually hurting Europe.
“Not long ago Brussels promised that these sanctions would end the war. A year has passed, and the end of the war is not getting closer, but farther away,” the prime minister stressed.
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Orban went on to say that while EU authorities promised sanctions would not be extended to the energy sector, they ultimately sent natural gas prices to record levels.
The prime minister also pointed out gas partially determines the cost of electricity. “So, the increase in gas prices is immediately accompanied by an increase in the price of electricity, even though the electricity is not produced with a gas turbine, but with solar, wind, hydropower, coal or nuclear power plants,” he explained.
“If Brussels wants to go to war, it has to fight inflation. It didn’t,” Orban said.
He added that the Hungarian authorities were doing their best to protect families and companies from the economic fallout.
