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EC identifies ‘serious risk’ for sound financial management of EU budget in HungaryEC identifies ‘serious risk’ for sound financial management of EU budget in HungaryEC identifies ‘serious risk’ for sound financial management of EU budget in HungaryEC identifies ‘serious risk’ for sound financial management of EU budget in Hungary
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Daily News Daily News · 03/05/2022
· Politics

EC identifies ‘serious risk’ for sound financial management of EU budget in Hungary

budget economy EU funding European Commission European Union Hungarian economy Hungarian government Hungary Hungary's budget

The European Commission has identified issues in Hungary that indicate sound management of European Union monies are at risk, European Union Commissioner for Justice Didier Reynders said in a European Parliament debate in Strasbourg on Tuesday.

“I very much regret. that I am not in a position today to be able to report back to you about positive trends when it comes to the rule of law in Poland and Hungary,” Reynders said in the debate on the ongoing hearings under the EU’s Article 7 procedure regarding the two countries.

The EC does not hesitate to use the tools at its disposal to protect the bloc’s fundamental values and financial interests and will not delay in initiating proceedings if the rule of law is under threat, the commissioner said.

Reynders noted that the EC last week activated against Hungary the mechanism linking EU funding to the rule of law. He said

the rule-of-law issues identified by the EC “affect or seriously risk affecting” the sound management of the EU budget and the EU’s financial interests.

  • read also – The Washington Post: the European Union helped Orbán build his autocracy

Fidesz reaction

Addressing the debate, Fidesz MEP Balázs Hidvéghi said the accusations levelled at Hungary were “not factual, they are not of a legal nature, but clearly are only political”.

The left-liberal forces “propagating the new religion, multiculturalism and open society a la [US financier] George Soros” do not like Hungarian policies that allow the country to decide freely on matters that do not fall under EU competency, Hidvéghi said.

  • read also: Hungary to lose significant EU funding?

They criticise Hungary because it distinguishes between refugees and economic immigrants, defines marriage as the union of a man and woman and asserts that the father is a man and the mother a woman, he said.

Hidveghi said

Hungary more recently had “come under attack” over its decision to protect children and its stance that parents should have the exclusive right to decide on the sex education of their children.

Those who claim press freedom is lacking in Hungary do not like that “unlike in western Europe, in Hungary, right-wing, conservative, Christian Democratic media exists and flourishes”, he said.

All of Hungary benefits from the country’s economic growth, otherwise the government would not keep getting re-elected with such a large majority, the MEP said.

Hidvéghi said

Brussels had become a “self-righteous postmodern witch hunt club” which used sanctions as blackmail and wanted to “impose a radical and narrow ideology on everyone else”.

It is time to stop the attacks against Hungary and respect Hungarians’ right to decide on matters concerning their country, he said.

Source: MTI

budget economy EU funding European Commission European Union Hungarian economy Hungarian government Hungary Hungary's budget
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5 Comments

  1. Trepidation : says:
    03/05/2022 at 19:19

    Truth – is your STRONGEST form of Defence”.
    Hungary – the massive microscope that we are UNDER – that just is not with the European Union, but GLOBALLY – the TRUTH factor, with the European Union, our membership and – if we are to remain in the European Union, we must answer in TRUTH – to endevour to “clean our slate ‘ – for the FUTURE.
    It is OBVIOUS – has been for distant time, funding out of the European Union to Hungary – is Threatened – on-going, and what “Mea Culpa” – that Hungary – must present to the European Union – must be Fact & Truth.
    Hungary – we are in a Dangerous postion with our Membership in the European Union.
    Hungary – factually it is KNOWN – By ALL – the European Union, NATO, Great Britian and the United States of America and the “Wider” world – that Economically & Finacially – we are in SERIOUS Trouble.
    Measures must be UNDERTAKEN, with URGENCY, by the present Government of Hungary, led by Prime Minister – Victor Orban – to CEASE – the on-going Scaring & Damage – to the brand name Hungary.
    Friendships of Countrys – with Hungary – who are they except Russia – involved in a War – they commenced against the Ukraine.
    China – being MAULED & SAVAGED by the Corona Virus – that its ZENITH and impact on China – when in the distant of time – it “tops Out” – will be a Cataclysmic Humanitarian DISASTER.
    Hungary – has become ISOLATED – that massive microscope never turned off – and our immediate, short & long term – FUTURE – is HIGHLY Vulnerable/Endangered – that exposes US – Hungary – as a Country – in times of GRAVE & Uncertain – Unpredictability.

  2. Tividar says:
    03/05/2022 at 20:18

    Ah! The Soros Lapdogs and the Left-Liberal Elites. At last.

    Unfortunate that we as the Christian, Independent and Sovereign country cannot do anything that would upset Mr. Putin because we are too dependent on his cheap oil, gas and nuclear power support.

    Anyone know if that planned freight railway from Ukraine to Austria that the Russians were supposed to fund is still on?

  3. Anonymous says:
    03/05/2022 at 20:26

    The EU taxpayers that fund beggar nations like Hungary have a right to know, in detail, how their money is being is being spent. The Hungarian government does not want to open its books for inspection. So, no transparency, no money. Simple.

  4. Mindboggling : says:
    03/05/2022 at 21:06

    Concur – Anonymous.
    The LOSER – will be – the Citizens of Hungary, through this GOVERNMENTS – ARROGANCE.

  5. Anonymous says:
    04/05/2022 at 09:04

    They cannot for a moment compare press freedom to that of Western Europe. If our media so free, why are independent outlets being closed down for pathetic reasons only the government can come up with.

    Can’t keep using the so called ‘child protection referendum’ as an excuse, it’s not valid!

    Using the term ‘witch hunt’ well, we all know what narcissistic, tiny handed, tango faced American used that saying!

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