armstrongeconomics.com / by Martin Armstrong / Jun 16, 2017
In Hungary, NGOs (non-governmental organizations) will have to be registered in court and their foreign donors will be disclosed. The Hungarian Parliament adopted what many are calling the most controversial laws of recent years. Prime Minister Viktor Orban, advocated the so-called NGO Law that obligates non-governmental organizations with more than 24,000 euros per year from outside the country to declare their most important foreign donors annually and to declare themselves as “an organization benefiting from foreign financing”. If they do not comply with this obligation, they will be closed in Hungary. The so called blueprint for the law comes from Russia, where foreign-funded institutions are branded as “enemy agents”. NGOs in Hungary have to register themselves from now on, and on their website they will be able to use the term “foreign-funded organization”.