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VisitOrban Urges EU to End Russia Sanctions on Kossuth Radio, Citing Trump's New Era
Jan 17, 2025, 08:43 AM
Hungarian Prime Minister Viktor Orban has called for the European Union to end its sanctions against Russia, suggesting that with the incoming administration of Donald Trump, a 'new era' is beginning. Orban made these remarks on Kossuth Radio, emphasizing that the EU should 'throw sanctions out the window' and establish relations with Russia without them. He also stated that after the conflict in Ukraine ends, the West would normalize relations with Russia, and the sanctions would be lifted. Orban's comments come at a time when the EU is reportedly considering measures to bypass a potential Hungarian veto on extending the sanctions regime against Russia, according to the Financial Times. Additionally, there is a mention of the possibility of involving King Philippe of Belgium to prevent the return of €190 billion in frozen Russian assets held in Euroclear if Hungary vetoes the sanctions extension.
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Markets
Yes • 50%
No • 50%
Official reports from the European Union or credible news outlets covering the EU's decision-making process
No • 50%
Yes • 50%
Official announcements from the European Union or reputable news sources reporting on the EU's decision
No • 50%
Yes • 50%
Official statements from the Trump administration or credible news outlets reporting on changes in EU-Russia relations
Actively involved • 33%
Involved in advisory capacity • 33%
Not involved • 33%
Official statements from the Belgian government or reputable news outlets
Sanctions extended • 25%
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Official announcements from the European Union or credible news sources
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Full normalization • 25%
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Official diplomatic announcements or credible news reporting