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Viktor Orban has warned that punitive measures against Moscow could backfire, causing food poverty and mass migration Hungarian Prime Minister Viktor Orban has challenged the harsh EU sanctions being placed on Russia, comparing the measures to a nuclear bomb that could backfire, sparking a food crisis and mass migration in Europe itself.

Italy’s UniCredit could reportedly face sanctions for continuing to do business in the country The European Central Bank (ECB) is planning to require UniCredit, Italy’s second-largest bank, to limit its business in Russia, Reuters reported on Friday, citing two unnamed people with knowledge of the discussions.