Hungarian Prime Minister: Western sanctions on Russia turned the Ukrainian crisis into a "global economic war"

Author:Xinhuanet Time:2022.09.27

Xinhua News Agency, Budapest, September 26 (Reporter Chen Hao) Hungarian Prime Minister Olban said on the 26th that due to Western sanctions against Russia, the Ukrainian crisis is evolving from "local conflict" to a might lead to Europe and even the world.Economic collapse "Global Economic War."

Olban said more and more places in the world are becoming victims.Inflation rates in developed countries have risen, budget deficits and public debt are growing, and prices are also rising.

Olban pointed out that the European Union's sanctions against Russia are counterproductive, just like "shot on its own feet in Europe."The rise in European energy prices is caused by "Brussels' political decision". European countries are paying high "sanctions surcharge" for oil, natural gas and electricity.

Olban said that the rise in energy prices has led to rising food, grain, and fertilizer prices, and more and more Europeans are angry about it. If this situation continues, the entire Europe will be in trouble.

Olban emphasized that the primary task of Hungary is to safeguard its own security and economic and national sovereignty.

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