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In March 2023, Russia announced that people from unfriendly countries will be subject to a "voluntary" exit tax of up to 10 percent to be paid into the Russian federal budget, on the sale of shares in Russian companies. [24] This was expanded in July 2023 so that companies leaving Russia must sell their assets to Russian buyers at a 50% discount.
Hungary was an ally of Germany during World War II. When Germany declared war on the Soviet Union in 1941, Hungary tried to remain neutral. When the controversial bombing of Kassa occurred, the government quickly declared the state of war existed between Hungary and the USSR, without receiving the consent of the Parliament.
The U.S. envoy to Budapest sharply criticised the Hungarian government on Tuesday for "disregarding" the interests of its NATO allies and strengthening ties with Russia at a time when its allies ...
As with any country, Hungarian security attitudes are shaped largely by history and geography. For Hungary, this is a history of more than 400 years of domination by great powers—the Ottomans, the Habsburg dynasty, the Germans during World War II, and the Soviets during the Cold War—and a geography of regional instability and separation from Hungarian minorities living in neighboring ...
The United States is concerned about Hungary's relationship with Russia, and finds Prime Minister Viktor Orban's decision to meet with Russian President Vladimir Putin "troubling", the U.S ...
Hungary is putting European security at risk, European Commission President Ursula von der Leyen said on Wednesday in an unusually blunt speech blasting Budapest’s relationship with Russia and ...
American Ambassador David Pressman wrote in a Twitter post: "Hungary’s leader chooses to stand with a man whose forces are responsible for crimes against humanity in Ukraine, and alone among our Allies. While Russia strikes Ukrainian civilians, Hungary pleads for business deals.” [192] In addition to Pressman, the Estonian Prime Minister ...
Hungary has upset its NATO and European Union allies by keeping close economic ties with Russia, and has also refused to join other Western countries in sending arms to help its neighbour.