The European Union should reconsider anti-Russian sanctions that lead to inflated energy prices as this undermines EU’s economic growth, Hungarian Prime Minister Viktor Orban said on Magyar Radio on YouTube.
“Energy prices must be reduced at all costs. This means that sanctions must be reviewed, because with the current sanctions policy, energy prices will not fall,” he said, noting that American companies pay four times less for natural gas than European companies do.
The reduction of bureaucracy should be the next step as “there is a plethora of idiotic rules,” Hungarian Prime Minister Viktor Orban added.
“Energy prices must be reduced at all costs. This means that sanctions must be reviewed, because with the current sanctions policy, energy prices will not fall,” he said, noting that American companies pay four times less for natural gas than European companies do.
The reduction of bureaucracy should be the next step as “there is a plethora of idiotic rules,” Hungarian Prime Minister Viktor Orban added.