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Thread: Hungary targeted by IMF and EU

  1. #1

    Hungary targeted by IMF and EU

    Ever since Viktor Orbán became Hungarian prime minister in 2010, international institutions have been making trouble with Hungary.

    When Hungary was caught up in the global financial crisis in 2008, orchestrated by John Paulson and other Goldman Sachs banksters, the International Monetary Fund (IMF) and EU put Hungary in debt chains with a €20 billion ($26 billion) loan.
    A long-running dispute between Hungary and the IMF escalated in July 2013 when the director of the country's central bank, Orbán's former economy minister, Gyorgy Matolcsy called on the IMF to close its office in Budapest, saying it was no longer needed and the promise to repay the “loan” by the end of the year.

    An IMF spokeswoman responded that “the IMF’s presence in member countries is at the invitation of country authorities, the IMF will not seek to replace” IMF’s representative in Hungary, Iryna Ivaschenko.

    Since 2010, the EU launched several proceedings against Hungary for “breaching EU treaties”.
    The EU Commission warned that Hungary will return to weak growth in 2013 and the budget deficit will rise again, back up to 3% of GDP: https://www.reuters.com/article/us-h...96E07U20130715
    (archived here: http://archive.is/AeDqG)


    Many experts predicted “Orbanomics” would lead to economic disaster. Instead Hungary’s economic growth was a high 3.5% in the first quarter of 2015, faster than almost every other EU country in 2014. Public debt was reduced to 77% of GDP and the government has reduced the deficit to below an EU-mandated target of 3%.
    See the economic growth of several East European countries including Hungary…


    Jorg Decressin, deputy director of the IMF’s European department, commented:
    The bottom line is the 3.6 per cent we’ve seen [in 2014] is not sustainable and much of it was achieved because as you come out of recession, you get a strong rebound. This will have to be increasingly funded by the banking sector.

    Obviously they don’t want the banksters to pay…

    What makes Orban so unpopular with IMF and EU, could be his “unorthodox” tax measures. His government reshaped the taxation system; a flat-rate 16% income tax, while imposing crisis taxes on telecom, energy, media and financial sectors. Instead of bailing out the banks, letting them pay!
    Orban has forced utilities to cut household bills and loss making banks to pay €3 billion in compensation to bank customers who took out foreign currency mortgages.

    Such measures helped his Fidesz party win another term in office in 2014…
    Orban’s taxation measures have provoked accusations of discrimination against foreign investors from the European Commission: https://www.ft.com/content/027eaf9a-...6-00144feabdc0
    (archived here: http://archive.is/J4uuC)


    Orban doesn't only oppose the banksters but also the UN enforced mass migration: http://www.ronpaulforums.com/showthr...ed-World-Demog


    Hungarian Prime Minister Viktor Orban has opposed the mandatory mass migration policy of the EU and said in a recent interview:
    We believe that a large number of Muslims inevitably leads to parallel societies, because Christian and Muslim society will never unite.
    Hungary’s PM Orban, who once campaigned against the Communist oppression in Hungary, has allied himself with other politicians that oppose mass migration, like Italy’s interior minister Matteo Salvini.

    That’s obviously a violation of the so-called “European values”, so Dutch member of the EU, Judith Sargentini, compiled a report to trigger article 7. The report indicates 12 “problem areas” in Hungary, including: the rights of migrants and refugees, rights of minorities (including Roma and Jews), independence of the judiciary, freedom of expression, and corruption.
    The European parliament also alleged misuse of EU funds by Orbán’s son-in-law.

    MEPs from the European People’s Party, turned against Orban and voted for punishing Hungary. Its leader Manfred Weber hopes to become the next European Commission president.
    Earlier this month, in an unprecedented move, the proposal was approved by 448 votes to 197, with 48 abstentions. To be adopted, the proposal required an absolute majority of members (376) and two thirds of the votes cast.
    This has resulted in a temporary loss of EU Council voting rights for Hungary.

    Viktor Orban spoke in the European Parliament before the vote:
    Hungary will be condemned because Hungarians have decided their country is not going to be a country of migrants.
    Poland is also facing the article 7 procedure.

    Hungarian foreign minister, Péter Szijjártó, denounced the vote with:
    Today’s European Parliament decision was nothing else but a petty revenge of pro-immigration politicians against Hungary.
    https://www.telegraph.co.uk/news/201...y-undermining/
    (archived here: http://archive.is/nmliD)

    Amnesty International's (funded by George Soros) expert on “human rights” in the EU, Berber Biala-Hettinga, hailed the vote as "historic", because this makes clear that mass migration is “not up for negotiation".

    Besides the involved politricksters from the EU and Hungary, Israel’s favourite Dutch politician, Geert Wilders, got the most media attention and tweeted after the vote:
    Hungary is the example for all EU countries and Orban is a hero and deserves the Nobel Prize.
    https://www.bbc.com/news/world-europe-45498514
    Last edited by Firestarter; 09-22-2018 at 03:54 AM.
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  3. #2
    Last June, the Hungarian parliament approved new Hungarian legislation, making it illegal to be “facilitating illegal immigration” with jail sentences up to a year.

    Viktor Orban’s government accuses Soros of using his organisations to orchestrate mass immigration that undermines the identity of Europe.
    As part of the new laws, nongovernmental organizations that help migrants seek asylum get taxed 25% on foreign donations. The Open Society Foundations, which was founded and is controlled by the Hungarian born Rothschild agent George Soros, claims this will make it possible to “target all funding for human rights groups and NGOs”.
    These “charities” are often used for tax evasion and money laundering...

    The Open Society moved a regional office from Budapest to Berlin last month over the "repressive" policies of the “nationalist” Prime Minister Viktor Orban.
    Open Society Foundations has filed a complaint with the European Court of Human Rights in Strasbourg (ECHR) over the legislation that makes it illegal for individuals or organisations to support asylum seekers, claiming the law establishes a “dangerous precedent”: https://www.politico.eu/article/open...m-seekers-ecj/

    Open Society filed its cases before the ECHR and the Hungarian Constitutional Court on the same day. This mean means that the ECHR must declare it not applicable, as you can only file a case with the ECHR AFTER all legal procedures in the country have been used!
    Of course the lawyers for the Open Society already know this, so have filed this case for reason not yet known...
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  4. #3
    To put more pressure on Hungary, earlier this week, the Ukraine sent military equipment to the border with Hungary (the Zakarpattia region).
    Hungarian Foreign Minister Peter Szijjarto said that he doesn't know why:
    It's quite unusual that they are transferring their troops to the border of a NATO member country. What the point of all this is is something you need to ask them. I don't know the answer.
    Earlier this year, the Ukrainian Defence Ministry had already indicated that they planned to restore a battalion-sized military unit in Berehove, Zakarpattia.

    Last week, Ukraine's Foreign Ministry accused Hungary of coming close to a “red line by issuing Hungarian passports to Hungarians in Berehove.
    On Wednesday, Szijjarto warned that if the Ukrainian government expelled the Hungarian Consul in Berehove, Hungary would "immediately expel a Ukrainian consul working in Hungary".

    On Wednesday, Ukraine's NATO Mission complained that Hungary is blocking meetings of the NATO-Ukraine Commission: http://www.ronpaulforums.com/showthr...Hungary-Border
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  5. #4
    It’s frustrating but it looks like I was fooled (again) into believing that Hungarian PM Viktor Orban isn’t as corrupt as other politicians. The art. 7 procedure was staged by the EU to give him some additional press coverage, which will inevitably make more Hungarians vote for him.
    See Orban with Israel’s Prime Minister Benjamin Netanyahu at the Hungary-Israel Business Forum in Budapest, Hungary, 19 July 2017.


    In May 2018, Steve Bannon spoke at a conference in Budapest, where he blatantly praised Prime Minister Viktor Orban. https://www.thenational.ae/world/eur...apest-1.733756


    A large part of the appeal of Orban is based on his supposed fight against the Hungarian born billionaire George Soros supported flooding of Europe with Muslim migrants.
    See for example this campaign billboard with George Soros and the words “National consultation about the Soros plan - Don't let it pass without any words” in Budapest in October 2017.


    Steve Bannon was part of the campaign manipulating firm SCL Group (its affiliate Cambridge Analytica is better known).
    The largest SCL shareholder from 2005 to 2015, Vincent Tchenguiz, was also involved in founding the Secretive Israeli intelligence firm Black Cube. Black Cube is best known for discrediting actresses who accused Hollywood producer Harvey Weinstein of rape. In May, it was also reported that the firm was hired by President Donald Trump to dig up dirt on Obama officials.

    Black Cube was hired for a campaign to discredit NGOs connected to George Soros, ahead of Hungary’s presidential election earlier this year. Black Cube agents met with the NGO staffers and Soros allies to discuss strategies to pressure Hungary against legislation cracking down on those NGOs.
    This was taped and then leaked to The Jerusalem Post and state newspaper Magyar Idok, which both published stories on it.

    Then Viktor Orban, who was probably involved in hiring Black Cube for this operation (it hasn’t been disclosed who hired Black Cube), used this to attack the “philanthropic groups” and Soros himself!
    Viktor Orban said in an interview before the election:
    Soros’s people will be installed in government — this is what the ‘Soros Leaks’ recordings tell us.
    If Soros’s people have influence in government, they will occupy the Hungarian energy sector and the banking system. And the Hungarian people will pay the price for that.
    https://www.timesofisrael.com/israel...ection-report/


    Please don’t tell anybody, but it is no other than George Soros, who has been a 30 year supporter of Viktor Orban…
    In 1989, Soros paid for Orban’s study in Britain.

    George Soros is a long-time financer of the Hungarian government.
    In 2014, Soros donated $1 million to Orbán’s government to help the cleanup after the “red sludge”: https://www.theguardian.com/world/20...n-george-soros
    (archived here: http://archive.is/RIyO6)
    Last edited by Firestarter; 10-18-2018 at 04:03 AM.
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty



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