🇪🇺🇭🇺 “Brussels threatens to hit Hungary’s economy if Viktor Orbán vetoes Ukraine aid”, – Financial Times 👀 EU strategy aims to spook investors by cutting off funding to Budapest in stand-off over €50bn package.

4 comments

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3. Spook investors?
   I may be over-optimistic,
   but word may have gotten around that as an investor in Hungary you need strong nerves and good lawyers.
   “Corruption in Hungary: “It’s unbelievable what you find in the middle of the EU”
   https://www-tagesschau-de.translate.goog/ausland/europa/eu-haushalt-ausschuss-ungarn-100.html?_x_tr_sl=de&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp
   “… The managers run branches of German, Austrian or French companies and report behind the scenes how they are harassed and pressured to give up company shares to oligarchs close to the government. …”
   Okay, in the end the money is not lost, only in the pocket of someone else.

   One could say that if the investor is from Germany for instance, WTF then pay the bribes, the corruption happens in Hungary.
   But there are meanwhile enough cases when an investor and noble donor was sued in his home country.
   You can ask Siemens.

4. we must respect democracy. Hungary is a member of EU and it’s opinion should be respected