The confiscation of Russian assets frozen in the West would lead to unpredictable consequences for the European Union, Hungarian Prime Minister Viktor Orbán declared. “The consequences of this step would be much more serious than it might seem at first glance. It looks like an economic problem, but it is not. It is a direct step towards entering the war.” said Orbán in an interview broadcast on Sunday on his Internet channel by the magazine Mandiner. TASR informs about it based on the report of the TASS agency.
- The Hungarian Prime Minister drew attention to the consequences of the confiscation of Russian assets in the West.
- Orbán emphasized that such a step is tantamount to declaring war on Russia.
- EU member states have approved an indefinite freeze on Russian assets.
- Hungary and Slovakia expressed their disapproval of the EU’s decision on sanctions.
- The affected assets of the Central Bank of Russia reach an estimated value of 210 billion euros.
“The confiscation of Russian currency reserves and their subsequent use to aid a party at war with Russia would be tantamount to a declaration of war,” emphasized Orbán.
The governments of the member countries of the European Union (EU) on Friday (December 12) approved the indefinite freezing of Russian assets in Europe through a majority vote. Until now, the Russian central bank’s funds in the EU have been frozen under sanctions, the extension of which required the unanimous approval of member states every six months. The majority vote bypassed a possible veto by Hungary or Slovakia, which were against the mentioned step. The total value of the affected assets is estimated at around 210 billion euros.
