“Sanctions have not justified the hopes placed on them ... Europe is slowly bleeding, while Russia is earning good money in the meantime,” RIA Novosti quoted Orban as saying.

He called for a change in the erroneous sanctions policy of Brussels.

Earlier, Orban said that Budapest launched national consultations to find out the views of citizens on EU sanctions against Russia.

Geopolitika.news columnist Zoran Meter said that Europe has plunged into an energy crisis with unpredictable consequences for the economy, social and security spheres, said .