"We thanked both the French president and the German chancellor for trying to make efforts in the interest of restoring peace," Orbán said. 

"It cannot be excluded that the confrontations will be drawn out," he said, adding that EU leaders decided that Europe will also join the ceasefire negotiations.

"We discussed economic issues, too. The most important matter for us was resolved in a favorable manner. There will be no sanctions that extend to the area of oil and gas…Hungary's energy supply is ensured in the coming period, too," he said.

He added that talks will continue at the summit on Friday.