New bill could wipe out Hungary s social housing stock
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The proposal would allow tenants who have had a rental contract since at least December 31, 2020 to purchase council housing at only 30 percent of the property s market value. An additional 1 percent discount would be added for every year the tenant has been in the property up to 15 years, meaning some tenants could pay only 15 percent of market value.
Further, those who can purchase the property in a single payment must only pay 70 percent of the discounted price, giving some tenants the opportunity to purchase apartments for 10.5 percent of their market value.
EUâs tough talk on Hong Kong scuppered by China ally
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London | Hungary has torpedoed the European Unionâs attempt to issue a tough statement on Chinaâs treatment of Hong Kong, handing Beijingâs âdivide and ruleâ strategy in Europe a rare victory as the continentâs attitude to China gradually hardens.
Hungarian Prime Minister Viktor Orbanâs populist government, which maintains good relationships with Russia and China, late on Monday (Tuesday AEST) dangled a veto over a potential censure motion against China from the blocâs 27 foreign ministers.
Hungarian Prime Minister Viktor Orban.Â
Bloomberg
That pushed the issue off the agenda of the foreign ministersâ regular summit â and prompted German Foreign Minister Heiko Maas to accuse Hungary of an âincomprehensibleâ action, in light of the recent sanctions tit-for-tat between Brussels and Beijing.
Today in Washington – This diary is filed daily. Indicates new events – TUESDAY, MAY 11 SMARDAN, Romania – Polish President Andrzej Duda attends “Justice Sword 21” multinational military exercise at the Smardan shooting range conducted by allied Eastern Flank forces of the NATO Multinational Brigade of Craiova.
BUCHAREST – An International Monetary Fund (IMF) mission will virtually visit Romania to evaluate the state of the country’s economy. (To May 28) SEOUL – Israel Foreign Minister Gabi Ashkenazi and Economy Minister Amir Peretz will arrive for a four-day visit that includes talks with Foreign Minister Chung Eui-yong, Industry Minister Moon Sung-wook and Trade Minister Yoo Myung-hee. (To May 13) RIYADH – Turkish Foreign Minister Mevlut Cavusoglu will visit Saudi Arabia. (final day) ATHENS – European Commission Vice-President for Promoting Our European Way of Life, Margaritis Schinas, visits Greece during
EU Foreign Affairs Council to discuss Afghanistan, Iranian Nuclear deal today ANI | Updated: May 10, 2021 16:13 IST
Brussels [Belgium], May 10 (ANI): The EU Foreign Affairs Council is set to meet to discuss EU bilateral relations with Russia and the United States, the situation in Afghanistan, the Sahel region and Lebanon and the progress on the Iranian nuclear deal.
According to Sputnik, the meeting is expected to start at 09:00 a.m. local time (07:00 a.m. GMT) and end at noon.
On Friday, an EU source told the press that the EU foreign ministers will not consider new sanctions against Russia at Monday s meeting. Apart from Russia, the EU top diplomats will also discuss the situation in Afghanistan amid the withdrawal of foreign troops, the situation in Lebanon and the Palestinian territories, the Western Balkans, as well as the negotiations on the revival of the Joint Comprehensive Plan of Action (JCPOA) with Iran, as reported by Sputnik