Socialists to stay away from consultation on residency bonds

Budapest, November 11 (MTI) – The group leader of the opposition Socialists said his party would stay away from the five-party consultation initiated by opposition Jobbik on the residency bonds.

There is an “infighting on the right” between ruling Fidesz and Jobbik on the bonds, and the Socialists see no reason for getting involved in it, Bertalan Tóth told a press conference.

He noted that before October 2 Jobbik “had been in agreement” with Fidesz and encouraged voters to turn up for the national referendum on mandatory EU migrant quotas. Now, after the referendum, Jobbik only uses the bonds issue for making political gains, he said.

Tóth noted that the Socialists had earlier initiated in Parliament scrapping the residency bond scheme, levying a special tax on companies selling the bonds and vetting those buying bonds.

Source: MTI