Newsfeed
Young Leaders School
Day newsfeed

European Union Threatens Hungary

January 18,2012 11:33

European Commission, the executive body of the EU, today started a legal procedure that may lead to imposing sanctions against Hungary. According to the Bloomberg Agency, , EU is concerned first of all about the fact that the new Hungarian Constitution strictly restricts independence of the Central Bank ofHungary.Brussels also criticizes the law reducing the age of judges, prosecutors and state notary officers from 70 to 62. If legislation is not changed, the case will be considered at theEuropean Court.Independence of the Central Bank is also a precondition for providingHungary with the EU and IMF credits.

Victor Orban

Hungaryis not the only country having such problems with European Union. More than 10 years ago when the ultra-right came to power in Austria, the country did not enjoy complete confidence of Brussels. Populist steps taken by governments of Polandand Slovakiaalso induced discontent of the EU  leadership. The conflict with Hungaryarose in 2010 when after an 8-year break the Fides Party headed by Victor Orban came back to power; Orban is blamed for authoritarian rule and deviation from basic European values in both Hungaryand EU.  As reported  by the New York Times, , Urban reacted to criticism in the following way: “In 1998-2002 the press wrote that I resembled Hitler and Mussolini. Now they are comparing me to Putin and Belarus President. You can judge yourselves if there is any progress.”

Aram Abrahamyan

Media can quote materials of Aravot.am with hyperlink to the certain material quoted. The hyperlink should be placed on the first passage of the text.

Comments (0)

Leave a Reply

Calendar
January 2012
Mon Tue Wed Thu Fri Sat Sun
« Dec   Feb »
 1
2345678
9101112131415
16171819202122
23242526272829
3031