Hungary’s Prime Minister Viktor Orbán has raised concerns about the European Union’s policy of sanctioning Russia. He argues that these sanctions could lead to an economic disaster for the EU, while having little effect on Russia’s economy.

The European Union needs to reconsider sanctions against Russia as they are keeping energy prices elevated, hindering the bloc's economic competitiveness, Hungarian Prime Minister Viktor Orban said on Friday.

The European Union needs to reconsider its sanctions against Russia, as they are keeping energy prices high and undermining the bloc's economic competitiveness, according to Hungarian Prime Minister Viktor Orbán.