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Reuters
Reuters
Business

Hungary quit Russian bank as U.S. sanctions 'ruined' it, PM Orban says as relations worsen

FILE PHOTO: Hungarian Prime Minister Viktor Orban delivers his annual State of the Nation speech, in Budapest, Hungary, February 18, 2023. REUTERS/Bernadett Szabo

Hungary abandoned a Budapest-based Russian bank this week because U.S. sanctions had "ruined" it, Prime Minister Viktor Orban said on Friday, adding that Hungary would comply with sanctions on Russia but continue to speak out against them.

The NATO leader with the closest ties to Russia told state radio the United States was an important ally of Hungary but there was a difference of views over the war in Ukraine.

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