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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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HUNGARY: EC President Offers Scathing Criticism Over Orban’s Pro-Russia Stance
- Bloomberg report that Ursula von der Leyen “systematically picked apart Orban’s tenure” after the Hungarian premier presented his government’s EU presidency priorities to lawmakers on Wednesday. They describe the speech as “a withering rebuke,” while Reuters note that von der Leyen was “unusually blunt”.
- She called him out for doubling down on economic links with Moscow even after President Vladimir Putin invaded Ukraine: “Instead of looking for alternative sources, one member state in particular just looked for alternative ways to buy fossil fuels from Russia.”
- She also criticised a program to grant visas to Russian nationals under simplified procedures, saying it amounted to a “backdoor for foreign interference.”
- "How can it be that the Hungarian government would allow Chinese police to operate within its territory? This is not defending Europe’s sovereignty, this is a backdoor for foreign interference," von der Leyen added.
- In response, Orban accused von der Leyen of playing partisan politics: “I would have been pleased to debate the presidential program but I see you’re not interested.”
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.