The ‘survival programme’ was approved with 18 votes in favour and 12 abstentions. As a result, the city will take out a 16.6 billion forint loan for project development in 2023. The loan is going to match the support provided in EU funding, central budget allocations and loans granted by the European Investment Bank.
Hungary has recently announced that it is leaving the International Investment Bank, soon after the US Treasury imposed sanctions on the IIB and its leadership. But what is the story behind this controversial financial institution and what led to its demise?
During the opening ceremony of the exhibition on Monday evening, the director-general of PIM pointed out that an inheritance from a legacy only becomes heritage if it is exhibited in a museum. Szilárd Demeter highlighted the uniqueness of the commemorative exhibition.
The Justice Minister announced on social media that the government will submit further, child protection-related legislative proposals to the National Assembly in the autumn. ’Hungary will have the strictest child protection regulations in Europe because there is no compromise in child protection,’ she wrote. She also pointed out that more and more evidence is emerging that the Hungarian opposition had accepted 4 billion forints in ‘mysterious’ foreign donations to represent foreign interests and policies in Hungary.
‘If we look at the half century after 1945, it was a case of trying to reinterpret the entire Hungarian past, of stigmatising the national idea and tradition. Therefore, we must now rediscover these decades, perhaps the entire 20th century, take possession of them and populate them with our own characters, our own heroes.’
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.