pressure builds on hungary over economy constitution
Last Updated : GMT 06:41:18
Arab Today, arab today
Arab Today, arab today

Pressure builds on Hungary over economy, constitution

Arab Today, arab today

Arab Today, arab today Pressure builds on Hungary over economy, constitution

Copenhagen - AFP

European Commission head Jose Manuel Barroso said Thursday he would do everything in his power to get Hungary to abide by EU laws, amid arm wrestling with Budapest over its new constitution. But European Central Bank chief Mario Draghi expressed serious concern over the independence of Hungary\'s own central bank under the controversial new legislation. \"We\'ll use all our powers to make sure that Hungary complies with the rules of the EU,\" Barroso told a news conference in Copenhagen marking the start of Denmark\'s European Union presidency. Barroso said he was encouraged by signs that Hungarian Prime Minister Viktor Orban\'s conservative government was ready to discuss the most contentious points. But the 47-member Council of Europe\'s commissioner for human rights, Thomas Hammarberg, said that Budapest had adopted major changes without consideration of crucial rights principles. Orban\'s detractors say the new constitution, which came into force on January 1, undermines the independence of key state institutions while altering the electoral system in his party\'s favour and curbing press freedoms. Barroso\'s comments came a day after the European Commission threatened to drag Budapest to court unless it amends legislation seen as threatening the independence of the central bank, judiciary and data protection authority. Official warning letters on those three areas would be ready to be sent if necessary next week, according to an EU source, and if Hungary fails to abide it will be brought before the European Court of Justice. Ensuring the central bank\'s independence is a condition if cash-strapped Hungary wants to resume negotiations with the EU and the International Monetary Fund (IMF) for credit of up to 20 billion euros ($25 billion). \"Frankly, I have to say that we are really very concerned,\" Draghi told reporters after the ECB\'s monthly rate-setting meeting in Frankfurt. \"We are really very concerned because the ECB is extremely careful... about signs of pressure being put by the decision-making bodies of any (European Union) member state on their NCBs (national central banks),\" he added. \"I think these pressures are inconsistent with the spirit of the treaty.\" But Hungary\'s Economic Minister Janos Martonyi said in an interview with an Austrian newspaper to appear on Friday that Hungary would not go bankrupt and that he was optimistic of a deal with the IMF. \"State bankruptcy is totally ruled out,\" Martonyi told the Kurier newspaper. \"We will achieve a result as quickly as possible, negotiations will succeed.\" Hungarian negotiator Tamas Fellegi is due to meet IMF chief Christine Lagarde later Thursday. Meanwhile, some European parliamentarians are pushing for the EU to go further in sanctions against Hungary over the wide-ranging new laws that have been condemned by critics as undemocratic. There have been calls to use a clause in Article 7 of the European treaty, making it possible to suspend an EU member country\'s voting rights in the case of an ongoing and serious violation of the bloc\'s fundamental values. The European Commission has however as a whole rejected the prospect of taking such harsh measures. \"The situation is not ready for a move like Article 7,\" an EU source told AFP. Even if the EU wanted to hit Budapest with such harsh sanctions, \"26 heads of state and government out of 27 must agree, or in other words unanimity minus the targeted country,\" the source said. \"And for the time being, very few have given their opinion and none have said outright that Hungary has violated the treaty. Hammarberg said that Hungary\'s decisions \"affecting the independence of the judiciary, freedom of expression and freedom of religion raise serious concerns\". Hammarberg also faulted Hungary\'s restrictions on the media, including the erosion of confidential source protection, and he slammed the decision to lower the retirement ages of judges, noting more than 200 new judges would have to be appointed. Their jobs would be handed out by a single, politically appointed individual. \"The approach... gives rise to serious reservations,\" Hammarsberg said. \"The judiciary must be protected from undue political influence.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

pressure builds on hungary over economy constitution pressure builds on hungary over economy constitution

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

pressure builds on hungary over economy constitution pressure builds on hungary over economy constitution

 



Arab Today, arab today
Arab Today, arab today Skincare PR Performance Full Year 2017

GMT 10:35 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Arab Today, arab today New hunt for flight MH370 gets under way

GMT 02:36 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today France sanctions businesses linked

GMT 01:58 2018 Wednesday ,24 January

France sanctions businesses linked
Arab Today, arab today Turkey detains dozens more

GMT 02:09 2018 Wednesday ,24 January

Turkey detains dozens more
Arab Today, arab today
Arab Today, arab today

GMT 07:22 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 22:38 2018 Tuesday ,23 January

Bahrain Press headlines

GMT 20:34 2018 Saturday ,20 January

Bahrain press headlines

GMT 07:23 2017 Thursday ,23 November

Zimbabwe's next leader heads home after Mugabe exit

GMT 16:25 2016 Thursday ,22 December

Italian bank Monte Paschi edges closer to state bailout

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 14:56 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 16:03 2017 Thursday ,21 December

US hits Myanmar general in new global rights sanctions
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday