Finance Minister: Forint victim of Brussels sanctions

Hungary's currency has become a victim of Brussels's sanctions, which have caused substantial damage to the Hungarian economy, Finance Minister Mihaly Varga said on Monday.

Mulling a decision to extend sanctions to the energy sector poses the gravest danger to the forint and to the Hungarian people, the minister said in a video posted on Facebook.

Those who advocate extending the sanctions want Hungarians to pay the price of war, he said.

“The Hungarian government will not support a move like this at any international forum,” the minister said.

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