“Europe and the United States have chosen economic suicide, trying to kill Russia, they have declared economic and social suicide of their society, their economy,” RIA Novosti quotes him as saying.

According to Maduro, all the efforts of Western countries aimed at weakening Russia can be associated with their "obsession with Russophobia."

The Venezuelan leader noted that the US and the EU are choosing an energy and economic crisis, rather than a dialogue with Russia.

Earlier, Hungarian Prime Minister Viktor Orban said that the European economy had "shot itself in the lungs" with the sanctions policy and was suffocating.