Hungary reveals cost of anti-Russia sanctions ...News

Economy by : (Russia Today) -
The restrictions have failed to stop the Ukraine conflict, while dealing a severe blow to Europe, PM Viktor Orban says Sanctions introduced by the EU against Russia over its military operation Ukraine have cost Hungary’s economy €10 billion, but have failed to stop the conflict, Prime Minister Viktor Orban said on Saturday. The anti-Russia measures imposed nearly a year ago have had a devastating impact on Budapest, by sending energy prices soaring, and raising costs throughout the economy, Orban stated in his annual state of the nation speech. “Sanctions have pulled four trillion forints (over €10 billion) out of

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