Published On: Fri, Apr 20th, 2018

Soros leaves Hungary, Moves foundations activities to Berlin Amid Political Hostility

In the background, legislation initiated by Hungarian Prime Minister Viktor Urban against NGOs, which he called "arresting Soros"

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George Soros Foundation’s Open Society Foundations will close its offices in Budapest and transfer Eastern European activities to Berlin, CNBC reported.

Hungarian Prime Minister Viktor Orban accused the American financier Soros, a Hungarian-born Holocaust survivor, of a series of failures and initiated legislation against non-governmental organizations, which he called “Stop Soros.”

The laws are criticized internationally.

According to the Hungarian news website, Open Society will be closed on August 31 and will be transferred first to Vienna and then to Berlin.

No response could be received from the Fund’s offices in Budapest or New York.

Last October, the Hungarian government opened a front against the billionaire investor George Soros and circulated among its citizens a questionnaire asking them to express their opinion on his handling of the refugee issue in Europe, according to the Financial Times.

Hungarian Prime Minister Viktor Orban turned Soros into his punching bag and repeatedly accused him of conspiring to flood Hungary with refugees. The questionnaire, a form of non-binding referendum, was presented to 8 million Hungarian citizens.

A copy of the document that reached the Financial Times lists seven accusations against Soros and lists as evidence the statements made by the investor to the international media, including the Financial Times.

Among other things, Soros was charged with conspiring to flood Europe with more than a million refugees a year. It was also alleged that he ordered the European Commission to implement the plan.

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