Are you sure?

Orbán: The West has abandoned its agreement with Central Europe

  Western Europe has abandoned its historic agreement with Central Europe they concluded 20 years ago with the way it handles the present financial crisis, Hungary’s opposition leader Viktor Orbán said on Sunday.

At a conference in Vienna on the past 20 years that had elapsed since the democratic transition of the former Communist countries, the head of the conservative Fidesz party said that “the way the Western countries handle the crisis is financial protectionism against Central Europe”.

“With the nationalization and financial bailout of western banks the Central European financial institutions got into a disadvantageous situation,” Orbán said. (MTI)