SOCIALISTS ASK EUROPEAN COMMISSION FOR COMPENSATION AFTER RUSSIAN SANCTIONS

644_ujhelyi02Opposition Socialist Party MEP Istvan Ujhelyi asked the European Commission for compensation to help sectors that face difficulties as a result of the Russian sanctions, the party said on Saturday. Ujhelyi, a member of the European Parliament’s foreign affairs committee, wants the Commission to prepare without delay sufficient compensation for sectors hit by Russia’s import ban, including Hungary’s agriculture, a statement sent to MTI shows. Some of the most important export products from the EU to Russia are agricultural products, with Hungarian exports from the sector totalling more than 70 billion forints to Russia last year, it added. The Socialists project that Hungarian small and medium sized companies will lose some 25 billion forints as a result of Russian President Putin’s policies and tens of thousands of jobs will be under threat. Ujhelyi also called on the Hungarian government to efficiently represent the country’s interests and started a campaign on his social networking site to promote the consumption of Hungarian goods.

dailynewshungary.com – 17.08.2014

 

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