The Democratic Coalition will file a request to the State Debt Management Centre for information concerning the terms of a one-billion-euro loan the government has recently taken out from China, László Varjú, the opposition party’s deputy leader, told an online press conference on Wednesday.
The government “seeks to conceal” what they want to use the huge amount of money for, and suggested that Hungary’s taxpayers would be repaying the loan for decades.
“We don’t know what interest we’ll have to pay on the Chinese loan,” he said, adding that the term of the loan was also unclear. “We do not know either which Fidesz-billionaire’s company the money will benefit,” Varjú added.
Through providing the loan, China will make Hungary “dependent, not only in an economic but in a political sense”, Varjú said. Prime Minister Viktor Orbán “has put on the Chinese leash in return for further billions they could loot,” he said.
Taking a loan from China is “a shining proof” that “the government’s austerity measures have yielded even less in state revenues … and because of the empty coffers it will take out further and further loans and introduce more and more austerity,” Varjú said.
Read also:
- Hungarian government plans new foreign bond issuance following gigantic Chinese loan – Read more HERE
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5 Comments
The Real Person!
The Real Person!
How about he tell us how much money he took from Soros and Schwab?
The Real Person!
The Real Person!
Out with you – Gyurcsany.
YOU are a SPENT force have been for a decade plus in Politics in Hungary.
Gyurcsany – through a FAILED Prime Ministership, thankfully, being “pushed” overboard, leaving us with – citizens with horrendous debt, the country STUFFED – out with YOU.
Gyurcsany – what’s he got to offer ?
What would attract the youth, first time voters, those of age who are the future of Hungary ?
Gyurcsany – is FINISHED, and the Party he represents need to WAKE up to this FACT – be ruthless, be “visionary” do themselves a gargantuan FAVOUR and POLITICS in Hungary the country, the citizens of Hungary a FAVOUR and “rid” out “piss off” Gyurcsany.
Gyurcsany – is a proven POLITICAL liability.
There is NO respect for him other than laughing at him when ever he makes comments on matters.
LIABILITY – allowing him be involved a Public Face – in the Political environment for Hungary.
Go, out with YOU – you, your views Politically and “other” – as your CV confirms, your OPINION, the Party you represent – with Gyurcsany the name attached – STUFFED and rightly.
The Real Person!
The Real Person!
Gyurcsany, to the best of my knowledge, you have not been elected to the parliament. Not every Tom, Dick and Henry should have the right to file a lawsuit when they want publicity. Gyurcsany you have betrayed the people once, keep out of politics. You are not astute enough for today’s world.
Gyuracsny thinks the money was borrowed to increase the cat population of the country and he is offended that he will not get his cut.
The Real Person!
The Real Person!
@mariavontheresa … It is called freedom of information, and in most democratic countries, it is actually a right (or obligation, depending on how you look at it).
“Freedom of information laws allow access by the general public to data held by national governments and, where applicable, by state and local governments. The emergence of freedom of information legislation was a response to increasing dissatisfaction with the secrecy surrounding government policy development and decision-making.” Even applies to the European Union!
https://en.wikipedia.org/wiki/Freedom_of_information_laws_by_country
The Real Person!
The Real Person!
Yes, information that does not affect the markets and allow market manipulation should be released. Gyurcany, is a grumpy old nag who cannot live without publicity. This man is power hungry, he already betrayed the Hungarians once.