The European Union’s anti-Russian sanctions have failed to reach a desired effect and hit the the European economy instead, Hungary’s Minister of Foreign Affairs and Trade Peter Szijjarto said on Monday.


Peter Szijjarto


“The sanctions regime against Russia has failed both in economic and political terms,” he said after a meeting of EU foreign ministers.


He said the sanctions imposed on Russia following its reunification with Crimea were an “erroneous response.” These sanctions have inflicted economic damage on the European Union and all its member states, Szijjarto stressed.


The Hungarian top diplomat noted that the issue of the anti-Russian sanctions should be considered at a next summit of the European Union.