Soros’ Foundation Leaves Hungary


The Open Society Foundation (OSF) which was founded by billionaire and globalist advocate George Soros has decided to close down its operations in Hungary after the government of Prime Minister Viktor Orban imposed tighter controls on Non-Governmental Organizations (NGOs). The provisions are contained in the government’s policy, “Stop Soros Act”.

The OSF is an NGO that is funded by Soros. It provides financial support to civil society groups in different parts of the world.

The foundation through its President, Patrick Gaspard released a statement which said it decided to pull out of Hungary because it believes Orban created “an increasingly repressive political and legal environment”:

“The government of Hungary has denigrated and misrepresented our work and repressed civil society for the sake of political gain, using tactics unprecedented in the history of the European Union.”

However, Gaspard mentioned that the OSF will continue to support its efforts in Hungary from its Berlin office.

Prime Minister Orban has accused Soros of influence-peddling during the national elections as well as trying to intercede in the country’s international relations.

Orban ran his re-election campaign on the strength of his attacks on Orbos, the OSF, and their intentions for Hungary. Orban has questioned the OSF on their alleged plans to flood Europe with migrants.

“I know they (OSF) won’t accept the result of the election. They will organize all sorts of things. They have unlimited financial resources.”

Orban and his Fidez political party won close to 48% of the votes.

One of the provisions of the Stop Soros Act was for the Interior Minister of Hungary to suspend NGOs that were supporting immigration groups. It cited threats to national security as the basis for suspending NGOs. The law likewise requires the NGO to pay a 25% tax.

Soros was born in Hungary and is reportedly worth $25 Billion. In 1992, he made more than $1 Billion by positioning his investments versus the British Pound. Hence, he is popularly referred to by Britons as “The Man Who Broke The Bank Of England”.

Soros holds the view that nationalism is now the dominant ideology in the world and has pledged his billions towards projects that support globalism in an effort to keep nationalists from gaining further advantage. He believes Russian President Vladimir Putin is behind the campaign against him:

“It’s déjà vu all over again with one big change – the dominant ideology in the world now is nationalism. It’s the EU that’s the institution that’s on the verge of a breakdown. And Russia is now the resurgent power, based on nationalism.”

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