Péter Magyar: PM Orbán ordered to sell 20,000 residency bonds for EUR 250,000 each
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According to PM Orbán’s primary challenger, the Tisza Party leader Péter Magyar, the prime minister ordered the national economy minister Márton Nagy to sell 20,000 more residency bonds. This is how the government wants to pump more money into the state budget and take back the lead before the 2026 general elections. Based on the latest polls, Tisza is ahead of Orbán’s Fidesz with more than 500,000 popular votes.
20,000 residency bonds for sale?
Based on Magyar’s latest post in the issue, the Hungarian government would like to issue 20,000 more residency bonds for EUR 250,000 each with which they would indebt the future generations. That is because the EU development and RRF funds (approximately EUR 21 billion) were frozen due to the rule-of-law concerns of the European Commission.
Magyar said that meant taking up a HUF 2,000 billion (EUR 5 billion) debt, a HUF 200,000 burden on each Hungarian from babies to seniors. He suggested that the prime minister was afraid of Tisza’s lead in the polls, so he started to act hastily to keep all the “robbed values” and power. Consequently, they make Hungary more indebted and turn Hungarian against Hungarian. He promised that contrary to the “evil plan” of the prime minister, they would build a country of solidarity, recover the EU funds and represent the interests of all Hungarians.
Ministry denies, calls Magyar’s allegations distraction
Márton Nagy and his ministry denied Magyar’s allegations in a statement issued yesterday. They called Magyar’s post an unfounded collection of fake news harming Hungary’s reputation. The minister said Magyar would only want to distract public attention from Tisza MEP Kinga Kollár’s “high treason” in the European Parliament, against which Orbán’s Fidesz organised a demonstration yesterday in Budapest.
I wonder who run those Hungarian property funds you need to invest in for a Golden Visa. Could not possibly be friends, family or toadies of our Politicians?
And our dear Mr. Rogán – very famous. Tellingly, the Trump administration is not responding to our Politicians requests to lift his “Corrupt Hungarian Official” status:
“Corruption undermines a country’s governing institutions and limits its economic development, providing short-sighted gain to a select few while depriving future generations of longer-term benefit,” said Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley T. Smith. “The United States will not hesitate to hold accountable individuals, like Rogan, who use the power of their office to illicitly enrich themselves and their cronies at the expense of their country and their fellow citizens.”
https://home.treasury.gov/news/press-releases/jy2773