• 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

  • The Pinky Toe Has A Purpose And Most People Are Just Finding Out
  • What Is This Massive Heat-Emitting Mass Discovered Beneath The Moon’s Surface?
  • The Man Who Fell From Space: These Are The Last Words Of Cosmonaut Vladimir Komarov
  • How Long Can A Bird Can Fly Without Landing?
  • Earliest Evidence Of Making Fire Has Been Discovered, X-Rays Of 3I/ATLAS Reveal Signature Unseen In Other Interstellar Objects, And Much More This Week
  • Could This Weirdly Moving Comet Have Been The Real “Star Of Bethlehem”?
  • How Monogamous Are Humans Vs. Other Mammals? Somewhere Between Beavers And Meerkats, Apparently
  • A 4,900-Year-Old Tree Called Prometheus Was Once The World’s Oldest. Then, A Scientist Cut It Down
  • Descartes Thought The Pineal Gland Was “The Seat Of The Soul” – And Some People Still Do
  • Want To Know What The Last 2 Minutes Before Being Swallowed By A Volcanic Eruption Look Like? Now You Can
  • The Three Norths Are Moving On: A Once-In-A-Lifetime Alignment Shifts This Weekend
  • Spectacular Photo Captures Two Rare Atmospheric Phenomena At The Same Time
  • How America’s Aerospace Defense Came To Track Santa Claus For 70 Years
  • 3200 Phaethon: Parent Body Of Geminids Meteor Shower Is One Of The Strangest Objects We Know Of
  • Does Sleeping On A Problem Actually Help? Yes – It’s Science-Approved
  • Scientists Find A “Unique Group” Of Polar Bears Evolving To Survive The Modern World
  • Politics May Have Just Killed Our Chances To See A Tom Cruise Movie Actually Shot In Space
  • Why Is The Head On Beer Often White, When Beer Itself Isn’t?
  • Fabric Painted With Dye Made From Bacteria Could Protect Astronauts From Radiation On Moon
  • There Used To Be 27 Letters In The English Alphabet, Until One Mysteriously Vanished
  • 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