Western sanctions against RUSSIA are ineffective and can harm those who impose them, Hungarian Prime Minister Viktor Orban said, speaking in the country's parliament after his re-election to the post, writes 24.hu.
“Europe is convinced that various sanctions can bring Russia to its knees. it is possible on paper, and many "paper" politicians put forward some kind of theoretical evidence, but no matter how hard I try to remember, a continental blockade that would be effective does not come to mind. However, I saw how those who introduced it failed,” Orban said.
According to the politician, Hungary, together with European countries, has entered "an era of danger for Europe and for Westerners." Events in Ukraine and the sanctions policy have already caused a financial crisis, Orban said, while Europe "does not have the means to resolve the conflict in the neighborhood."
Economists presented three scenarios for the impact of sanctions on Russia's GDP Economics
In May, European politicians have repeatedly discussed the provisions of the sixth package of sanctions against Russia, the key point of which may be an embargo on Russian oil . However, so far the countries cannot reach a consensus on this issue. In particular, Hungary opposes this ban. The EC noted that they had made some progress in negotiations with Budapest on this issue, but the country's Foreign Ministry said that the EU should "do much more so that in the future" Hungary changed its position. Without its approval, the package of sanctions will not be adopted.
Deputy Chairman of the Security Council of Russia Dmitry Medvedev on Friday, May 13, published his vision of the development of the situation in the world after the introduction of anti-Russian sanctions. Among the ten consequences of the sanctions policy, Medvedev named the logistics, energy, food and financial crisis; new regional military conflicts and epidemics; the rise of terrorists and the decline of international institutions; the creation of new international alliances and the emergence of a new security architecture in the world.