US targets Hungary's political allies and bank with sanctions.
A bipartisan group in Congress is drafting US sanctions that would target leading Hungarian political figures tied to the Orbán government, as the relationship between the two countries continues to spiral downwards. The sanctions bill would name former officials and government supporters, mostly affiliated with the Fidesz party of the prime minister, Viktor Orbán. Hungary announced that it plans to leave the Russia-controlled International Investment Bank (IIB), a day after the US imposed sanctions on the Budapest-based institution widely referred to as Moscow’s “Trojan horse” inside Europe. The most recent state department human rights country report noted an alarming level of corruption in Hungary.
- Viktor Orbán’s political allies in Hungary in sights of US sanctions The Guardian
- US sanctions Hungary-based bank with Russian ties euronews
- Hungary's prime minister called U.S. a main adversary, leaked documents say NBC News
- CIA leak, sanctions highlight strained relations between U.S. and Hungary The Washington Post
- US may announce new sanctions against Hungarian individuals EURACTIV
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