• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Access to single market key to Hungary’s EU membership – Orban

September 17, 2021 by David Barret Leave a Comment

September 17, 2021

By Gergely Szakacs

BUDAPEST (Reuters) -Hungary must remain a member of the European Union to ensure continued access to the bloc’s single market, Prime Minister Viktor Orban said on Friday.

Hungary and Poland have been at odds with Brussels over issues ranging from LGBT rights to media freedoms. In July, the executive European Commission launched legal action against both over measures it says discriminate against the gay community.

Conservative nationalist Orban said that for Hungary, a net beneficiary of EU funds, the main reason for staying in the EU was not money coming from Brussels.

He also said a debt sale this week had shown Hungary stood on solid ground financially — the government debt agency raised the equivalent of 4.4 billion euros ($5.2 billion) in global markets, much more than expected, to help cover a likely delay in money from the EU recovery fund which is meant to help the bloc recover from the COVID-19 pandemic.

“If you look at the full year, we get more money from Brussels than what we pay. But if you subtract the amount of money western (companies) repatriate from the country each year, the balance is negative,” Orban told public radio.

“The EU is important for us because it provides Hungary with a market … We need to stand up for the EU and remain in it. That is why I say no matter how it creaks and crackles, we will be the among the few still in the union should it ever end.”

The Commission has accused Poland and Hungary of undermining media pluralism and court independence, and has put both countries under formal EU investigation for undermining the rule of law.

Speaking in a panel discussion hosted by the City of Budapest, European Values and Transparency Commissioner Vera Jourova said the EU was a “union of values”, a community built on common standards which the Commission was ready to uphold.

When disbursing funds under the next EU budget, the Commission will ensure investments “make sense” to citizens, that use of EU funding respects fundamental values, and that EU funds are protected against potential misuse and corruption or use of “the political key for distribution,” she said.

“We really mean it seriously that the money will not go to the projects which do not respect fundamental rights,” she added.

($1 = 0.8498 euros)

(Reporting by Gergely Szakacs, Editing by Mark Potter and Timothy Heritage)

Source Link Access to single market key to Hungary’s EU membership – Orban

David Barret
David Barret

Related posts:

  1. Tennis-Nobody beats Shelby Rogers six times in a row
  2. Republicans don’t deserve House majority if they push lies -Kinzinger
  3. ‘A family reunion’: Voices from Broadway on the return to the stage
  4. Supply fears lead EU vaccine industry to seek home comforts

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • World-First Fossil Discovery Of Sauropod Stomach Contents Reveals They Didn’t Chew Their Food
  • These Galactic Clusters Smashed Into Each Other. Giant Bow Shocks Suggest They’re About To Go For Round 2
  • Wild Fossil Discovery In Prehistoric “Latrine” Suggests Butterflies Have Been Around Longer Than Flowers
  • What Is The Longest-Living Whale?
  • It’s Official: Those Ludicrous TikTok Skincare Routines For Teens Are Not A Good Idea
  • The Fastest Speed That Humans Have Traveled Is 39,937.7 Kilometers Per Hour
  • What Is The Ocean’s Longest Fish?
  • Meet Sutter Buttes: “The World’s Smallest Mountain Range”
  • As The Rest Of The World Heats Up, “The North Atlantic Warming Hole” Is Set To Get Even Cooler
  • What Are The White Stripes You Find On Chicken Breasts?
  • The Biggest Explosion Event Since The Big Bang, Dead Sea Scrolls May Have Been Written By Original Authors Of The Bible, And Much More This Week
  • The Strange “Egg-Laying” Rockfaces Of Planet Earth
  • One Of The World’s Largest And Rarest “Fancy Red” Diamonds Has Been Studied For The First Time
  • The Simple Rule That Seems To Govern How Life Is Organized On Earth
  • This Paradisiacal Island In The Philippines Had Advanced Maritime Culture 35,000 Years Ago
  • Neanderthals Faced A Catastrophic Population Collapse 110,000 Years Ago
  • Why Travelers Are Putting Their Luggage In Hotel Bathtubs
  • NSFW Video Shows Two Male Gray Whales Seemingly Having Sex
  • Space Explosions, Dead Sea Scrolls, And Why It’s So Hard To Sex A Dino
  • This Image Of Earth (And Saturn) Will Change You
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version