Explore more publications!

Orban says EU sanctions on Russia have backfired on Europe

(MENAFN) Hungarian Prime Minister Viktor Orban has criticized the EU’s sanctions on Russia, saying they have ended up “crushing” the bloc itself and undermining its economic competitiveness.

Orban, a longtime opponent of Brussels’ Ukraine policies, argued in a recent post on X that while the EU intended to weaken Russia, it instead caused soaring energy prices, declining competitiveness, and slowed Europe’s growth.

Orban suggested that the EU should pursue negotiations with Moscow rather than maintain what he described as “escalatory policies.” He has previously warned that several EU states are preparing for a potential war economy by 2030.

The criticism echoes remarks from other officials: US Treasury Secretary Scott Bessent said the EU’s sanctions have failed to contain Russia, while Russia’s negotiator Kirill Dmitriev blamed Germany’s economic struggles on “stupid & illegal decisions.” German Chancellor Friedrich Merz acknowledged the country’s lost competitiveness, with the economy contracting in 2024 and near-zero growth expected this year, partly due to the EU’s decoupling from affordable Russian energy.

MENAFN23122025000045017640ID1110515999


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions