Vitéz F. Ibolya

Vitéz F. Ibolya

újságíró

The Hungarian government is spending an increasing amount of money on boosting its foreign political influence, allocating billions of euros for lending to high-risk-rated Balkan and African countries – such as Chad and the Republic of Maldives – and providing loans to a privileged circle of companies, the so-called national champions, to support their expansion. The interest rate on the loan granted to North Macedonia is barely more than half of what the state-owned Eximbank secures its funds for, meaning that the consolidation of the Balkan country – governed once by the party of former Prime Minister Nikola Gruevski, who fled to Hungary in 2018 – is partly borne by Hungarian taxpayers.

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