Embargo on Russian Gas Import to Ruin European Economy: Hungary’s Orban
An embargo on Russian gas import to the European Union will have a devastating effect on the economy, and not only Hungarian, but the European one in general, Hungarian Prime Minister Viktor Orban said on the Kossuth radio station on Friday, TASS reports.
Asked about the EU’s ongoing debate on the possibility of banning gas supplies from Russia he said that his government was firmly against this step.
"Not that Hungary has no alternative. This may ruin the whole of Europe," Orban explained. He expressed the certainty that in discussing this issue within the EU "common sense will prevail."
He stressed that the events in Ukraine and the sanctions against Russia had already caused what he described as "wartime inflation, which is different from inflation in a normal situation" throughout Europe.
"As long as there is a war on, there will be inflation. Peace is the only way to stop wartime inflation," he said.
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