Hungary’s Viktor Orban has had a week of sharp reversals and swift political retreats.
pandemic, for example. Hungary became the first EU nation to buy a Russian-made Covid vaccine — even though it wasn't approved by European regulators.
His government announced that Hungary will welcome Ukrainian refugees and is also supportive of Ukraine's membership of the EU. This is on top of having approved, together with the other EU member states, tough sanctions against Russian oligarchs and the Russian economy. Katalin Cseh, a Hungarian lawmaker at the European Parliament, told CNBC Wednesday that Orban is in a"very difficult" position because he"has tried to sell the idea that Russia is a friend, but Russia is not a friend."released in January showed that more than 70% of the respondents consider"disadvantageous" if they were to leave the EU, according to Statista.
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No Longer A Billionaire: Russian Banker Loses More Than $5 Billion Amid Putin’s WarI joined Forbes as the Europe News Editor and will be working with the London newsroom to define our coverage of emerging businesses and leaders across the UK and Europe. Prior to joining Forbes, I worked for the news agency Storyful as its Asia Editor working from its Hong Kong bureau, and as a Senior Editor in London, where I reported on breaking news stories from around the world, with a special focus on how misinformation and disinformation spreads on social media platforms. I started my career in London as a financial journalist with Citywire and my work has appeared in the BBC, Sunday Times, and many more UK publications. Email me story ideas, or tips, to iain.martinforbes.com, or Twitter _iainmartin.
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