Parragh said in M1 evening news that it was no coincidence that the majority of businesses opposed to sanctions.
According to Parragh, it is naive to think that while the Russian economy is hurting European economies won't be affected as the two economies are interdependent.
The President of the Chamber of Commerce noted that it makes a difference who pays the cost of the sanctions and what countries are damaged the most - warning that Hungary is especially vulnerable in this regard.
Diplomatic sources said on Tuesday that a preliminary agreement has been reached among the EU Member States' ambassadors on a wide range of economic sanctions against Russia.
European Union foreign ministers last week decided that punitive measures should be prepared against Russia; among them limiting Russia's access to the capital markets, defense sector's products, as well as the so-called dual-use products that could be used for military, police and civilian purposes; the ministers also suggested export restriction on the so-called sensitive technologies used in the energy sector.
(MTI – hungarianambiance.com)