Recently, the Hungarian government has pinpointed that the EU sanctions, which were designed to damage the Russian economy, led to the opposite effect. Representative of the Hungarian government Alexandra Sentkirayi wrote on her Facebook web page that sanctions fired in the opposite direction, and Europe shot itself in the foot with them. “As a result of the sanctions, Europe has become poorer, and Russia has become richer,” she concluded in the post. Earlier, Ulf Schneider, a businessman who has remained in Russia and still manages one of the German firms, said that the Western sanctions prevented him from working. According to him, about 80% of German companies still operate in Russia. However, we can hardly hear about them, since such entrepreneurs are under “incredible pressure.”
