The European Union should have “isolated” the Ukraine war, Hungary’s foreign minister told CNBC.
of Ukraine. Szijjártó said in January that Brussels' sanctions against Russia had obviously"not fulfilled expectations" and had damaged European economies more than Russia.
"Russia's economy is not on its knees, definitely. We can have different assessments of how badly they perform but they're not on their knees, and the war is not coming to its end. And Europe's economy is suffering more from sanctions than the Russian economy," he told CNBC at the World Economic Forum in Davos.
"Europe is in a bad shape, economically and security-wise as well, so we need partners of cooperation who are successful, who are giving up impetus, who are giving us the chance to grow more rapidly," he added. The initiative was initially launched in 2013 by Chinese President Xi Jinping, but the ambitious strategy has met a myriad of hurdles in the last decade, both
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