Report: Putin could discuss economic alliance with Orbán

Visits

kormany.hu/gergely botár

Russia’s President Vladimir Putin probably invited Hungary’s Prime Minister Viktor Orbán to Moscow in February because he is seeking allies to oppose EU sanctions against Russia, Hungarian online daily nol.hu reported today.

Putinʼs visit to Budapest last year. (Photo: kormany.hu/Gergely Botár)

Citing unnamed government sources, nol.hu wrote that the two leaders are likely to discuss the expansion of Hungary’s sole nuclear power plant in Paks, as well as the purchase of weapons and military helicopters.

The visit was initiated by Russia, as Putin is looking for strong allies that would assist in his opposition to the European Union’s economic sanctions against Russia that were extended in December for period of six months, the daily writes. Nol.hu also noted that, although Orbán voted in favor of the sanctions, he said that “we have shot ourselves in the foot”, given that for an economy based on exports, actions such as these always go against “national interests”.

MOL Shareholders Approve Dividend of Around HUF 250/Share Figures

MOL Shareholders Approve Dividend of Around HUF 250/Share

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo... Government

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...

LOT Seoul Flight Lands in Kazakhstan Due to Drunken Passenge... Transport

LOT Seoul Flight Lands in Kazakhstan Due to Drunken Passenge...

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.