Hungarian-American billionaire investor George Soros supports efforts by watchdog NGO átlátszó.hu to find out exactly where EU funding ends up and discover who is actually profiting from the auctioning of farmland in Hungary.
The Hungarian government of Viktor Orban imposed a 25 percent tax on activities assisting immigration. Billionaire George Soros had already transferred administration from Hungary to Berlin ahead of tougher laws.
BMW is following in the footsteps of its German rivals like Mercedes and Audi by investing a billion euros in a new plant in Hungary. The Central European country has become an attractive location for German carmakers.
Viktor Orban's increasingly authoritarian tendencies have frustrated the EU. As Hungary enters a national election, could Brussels be preparing to pull the financial rug out from under the right-wing prime minister?
After a brief struggle for power, Romanian Prime Minister Mihai Tudose has resigned. President Klaus Johannis named Defense Minister Mihai Fifor as interim prime minister, but the political crisis continues.
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