The sanctions against Russia can destroy the European economy if they are not reconsidered or lifted.
Hungarian Prime Minister Viktor Orban said this.
"At first I thought we just shot ourselves in the foot, but now it is clear that the European economy has shot itself in the lungs, and it is suffocating," Orban said.
Ukraine needs help, he said, but European leaders should reconsider their strategy because sanctions have done significant damage to the European economy without weakening Russia or bringing the months-long war any closer to a settlement.
"The sanctions are not helping Ukraine, but they are hurting the European economy, and if this continues, they will kill the European economy. What we are seeing now is unbearable," Orban said.
The surge in gas and electricity prices has forced Orban to cut years of utility price caps for higher-consumption households.
"The moment of truth must come in Brussels when leaders recognize that they made a miscalculation, that the sanctions policy was based on wrong assumptions and needs to be changed," he added.
On July 13, the head of the Hungarian Prime Minister's Office, Gergely Güyas, announced the introduction of an energy emergency.
As a reminder, Hungary announced that it would intensify military exercises because of the "endless war" in Ukraine and migrants.
In late May, Hungarian Prime Minister Viktor Orban declared a state of emergency because of the war in Ukraine.
And in June, the Hungarian government, by decree, expanded the territory in which NATO troops are allowed to stay to the entire country. The troops can also deploy, conduct military exercises and training anywhere.