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: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.We believe that a large number of Muslims inevitably leads to parallel societies, because Christian and Muslim society will never unite.
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:Poland is also facing the article 7 procedure.Hungary will be condemned because Hungarians have decided their country is not going to be a country of migrants.
Hungarian foreign minister, Péter Szijjártó, denounced the vote with:https://www.telegraph.co.uk/news/201...y-undermining/Today’s European Parliament decision was nothing else but a petty revenge of pro-immigration politicians against Hungary.
(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:https://www.bbc.com/news/world-europe-45498514Hungary is the example for all EU countries and Orban is a hero and deserves the Nobel Prize.
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