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Reuters
Reuters
Business

EU's McGuinness says EU sanctions against Russia are working well

Russia United States European Union Mairead McGuinness
FILE PHOTO: European Commissioner for Financial Stability, Financial Services and the Capital Markets Union Mairead McGuinness speaks during a joint news conference with U.S. Deputy Secretary of the Treasury Wally Adeyemo (not pictured) in Brussels, Belgium March 29, 2022. REUTERS/Johanna Geron/Pool/File Photo

European Union sanctions against Russia are working well, a top European Commissioner said on Tuesday, dismissing as Russian propaganda criticism that EU measures were ineffective and had little impact.

Hungarian Prime Minister Viktor Orban criticised EU sanctions on Sept. 26, saying they had backfired. Some politicians from right-wing parties in France or Italy have expressed similar sentiment.

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