BUDAPEST, February 17. /TASS/. Hungarian Prime Minister Viktor Orban believes that the country’s economy is beginning to see positive effects following the news that Russia and the US are going to hold talks on Ukraine.
"I see that gas prices have already fallen by 10%, and the forint is gaining momentum," the head of government said in a video address on his Facebook page (banned in Russia, owned by the Meta corporation, recognized as extremist in Russia). He showed tables and charts of stock market indicators and exchange rates on his desktop.
Over the past week, the Hungarian forint has indeed strengthened slightly against other currencies.
"If this continues, it will only be a matter of time before the euro exchange rate drops below 400 forints. That is what peace means," Orban said.
"Peace has its economic benefits. That is why we launched a peacekeeping mission and have fought for peace for the past three years," the Prime Minister added, recalling that on February 12, the presidents of Russia and the United States spoke on the phone and agreed to meet to discuss ending the Ukrainian conflict.
He expressed confidence that a peaceful settlement in Ukraine would help improve the economic situation in Hungary.
"We must support peace," Orban stressed.
Earlier Orban noted on several occasions that his country is losing around 7 billion euros annually due to the armed conflict in Ukraine and Western sanctions against Russia. According to government estimates, Hungary has suffered losses of 20 billion euros over the past three years due to rising energy prices.