Hungary will not soften laws to allow CEU to stay


Hungary will not relax rules for international universities despite pressure from the European Union and offers from Germany to mediate in a row over the Central European University (CEU), which was founded by the U.S. billionaire George Soros, the government spokesman told news wire

"There is no change in our core view," spokesman Zoltán Kovács told Reuters. "We will not change the laws and regulations that govern higher education in Hungary. We still operate on that basis."

CEU, set up by Soros, a Hungarian-born liberal philanthropist, will move part of its operations to Vienna from September because of new Hungarian rules forbidding it to issue U.S. degrees. At the initiative of Manfred Weber, the lead candidate of the European Peopleʼs Party (EPP) to head the EU executive after Mayʼs European paliamentary elections, the government of the German state of Bavaria and the Technical University of Munich stepped in to offer help.

CEU Rector Michael Ignatieff was not immediately available to comment. He said in a statement last month that to reverse a plan to leave Budapest, CEU wanted a clear political commitment from Prime Minister Viktor Orbán that it could issue degrees freely.

"This political commitment (must be) backed up by legislation that provides legally binding authorization for all of CEU’s operations in Budapest," Ignatieff said at the time.


Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

BFK developing regional cycling strategy City

BFK developing regional cycling strategy


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.