Founded by billionaire philanthropist George Soros as a bastion of liberal thought, Budapest’s Central European University has become one of the most prestigious in the region. A new law threatens its existence.
Hungary and Poland say they will oppose a mechanism that links a requirement to uphold the EU rule of law in member states with the trillion-dollar coronavirus recovery package. Both countries are at odds with Brussels.
The European Court of Justice has ruled that a law on foreign universities operating in Hungary breaches EU law. The measure forced a Budapest university founded by US-Hungarian billionaire George Soros to move abroad.
Hungarian Prime Minister Viktor Orban has threatened to veto the EU budget and coronavirus recovery package and refuses to agree to a proposed rule-of-law mechanism.
Hungary and Poland have blocked the EU budget — and a crucial coronavirus relief plan— over a clause linking the funds to the rule of law. But the EU only has itself to blame, says Barbara Wesel.
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