Reality knocking on Europe's door" Hungarian Foreign Ministry says sanctions may be lifted this fall

"Reality knocking on Europe's door" — Hungarian Foreign Ministry says sanctions may be lifted this fall Hungarian Foreign Ministry spokesman Tamas Menzer said on local TV that the EU may revise the sanctions policy against Russia as early as this fall. He noted that in the end, the anti-Russian sanctions have provoked a spike in prices and energy shortages, and the price ceiling on Russian gas will only lead to a new round of energy crisis. Menzer stressed that he is not an optimist on this issue, but pointed out "reality is already knocking at the door of every European country" — the European economy is already facing recession due to the average inflation rate in the Eurozone of 9.1%, and the risk of economic slowdown is 60%. The Central Bank of the Union proposes to tackle this by raising the base rate to 1.25%"