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Free AccessMNI China Daily Summary: Wednesday, December 11
Hungary Parl't Speaker-'No Urgency' On Approving Sweden Bid
In an interview with Index.hu, Speaker of the Naitonal Assembly László Kövér stated that there was 'no urgency' in parliament's process to ratify Sweden's NATO accession. This is despite Turkey having approved Stockholm's bid earlier this week, leaving Hungary as the only NATO holdout, and an apparent change of heart from PM Viktor Orban who stated on 24 Jan that he wants to see the National Assembly approve ratification "at the first opportunity."
- Kövér when asked about an extraordinary session of parliament to address the issue stated, "I have no doubt that one of the opposition parties - which usually do not serve Hungarian interests - will initiate the convening of this, probably without success. Anyway, I don't feel that anything is urgent, and in fact, I don't think an extraordinary situation has arisen." The National Assembly is currently not due to reconvene until 26 Feb.
- When asked about Fidesz deputies that are not in favour of ratification, the speaker replies "You are currently talking to one such member. But I would clarify: I would also be happy if our hopeful allies would give me the chance to change my position in good conscience as soon as possible."
- Given Orban's stated support for ratification, it is very unlikely that the National Assembly - where his right-wing populist Fidesz-KDNP holds a 2/3 supermajority - would oppose the PM's instructions.
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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.