Overview

• Hungarian Prime Minister Viktor Orbán argues that EU sanctions on Russia should be reconsidered to prevent economic collapse in Europe.
• Orbán believes the current sanctions regime keeps energy prices high, negatively impacting the EU's competitiveness.
• Hungary, holding the EU's rotating presidency, has consistently opposed sanctions, citing its reliance on Russian energy imports.
• The European Parliament is pushing for stricter measures against Russia, including targeting its 'shadow fleet' and banning fossil fuel imports.
• Orbán predicts that President-elect Donald Trump may withdraw U.S. support for Ukraine, potentially benefiting Hungary's struggling economy.