Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > 17 EU countries sound alarm over Hungarian LGBTQ+ laws
    Headlines

    17 EU countries sound alarm over Hungarian LGBTQ+ laws

    17 EU countries sound alarm over Hungarian LGBTQ+ laws

    Published by Global Banking and Finance Review

    Posted on May 27, 2025

    Featured image for article about Headlines

    By Lili Bayer and Andrew Gray

    BRUSSELS (Reuters) - Seventeen European Union countries accused Hungary on Tuesday of contravening fundamental EU values by passing laws that target LGBTQ+ people, as tensions deepen between Budapest and a majority of member states.

    Hungary’s parliament passed legislation in March that creates a legal basis to ban Pride marches there and lets police use facial recognition cameras to identify people who attend. It also approved constitutional changes in April stipulating that Hungary recognises only two sexes, male and female.

    "We are highly alarmed by these developments which run contrary to the fundamental values of human dignity, freedom, equality and respect for human rights," the governments of the 17 countries said in a joint statement.

    They called on Hungary to revise the measures and asked the European Commission to make full use of its powers if Budapest does not do so. The Commission can take legal action against member states if it believes they are violating EU law.

    The statement was backed by Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Slovenia, Spain and Sweden.

    The declaration came ahead of a hearing on Tuesday in a long-running process where EU ministers examine concerns that Hungary is at risk of breaching core EU values.

    The process could in theory lead to Hungary being stripped of its right to vote on EU decisions. But diplomats say there is not sufficient support among the 27 EU member states to take that step.

    'MORE NUANCED VIEW'

    Arriving at the meeting, Hungary's Minister for European Union Affairs Janos Boka said: "There is no such thing in Hungary as a Pride ban".

    "I hope that after these discussions my colleagues around the table will walk out with a more nuanced view on the Hungarian legislation," he said.

    But activists say the measures amount to a de-facto ban.

    Hungarian Prime Minister Viktor Orban has said that Pride organisers "should not even bother" this year, while his chief of staff Gergely Gulyas has said Hungary "does not have to tolerate Pride marching through downtown Budapest".

    Orban, who has been in power since 2010, has repeatedly clashed with the EU and its member countries over democratic standards, minority rights and foreign policy.

    Critics have accused Orban of undermining the rule of law, which the Hungarian government denies.

    His ruling Fidesz party has said the Pride march could be considered harmful to children and that protecting them would supersede the right to assemble.

    European Commissioner Michael McGrath, who oversees democracy, justice and rule of law issues, said on Tuesday there were serious concerns about the situation in Hungary.

    "Freedom of assembly is a fundamental right," he told reporters.

    "It is not a threat to children. It's not a threat to anyone, and it must be protected and upheld at all times, and so the Commission is examining all of its options," he said.

    (Reporting by Lili Bayer and Andrew Gray in Brussels and Krisztina Than and Anita Komuves in Budapest; Editing by Hugh Lawson and Gareth Jones)

    Related Posts
    Roche CEO points to higher future drug prices in Switzerland after US deal
    Roche CEO points to higher future drug prices in Switzerland after US deal
    Zelenskiy favours US proposal of three-way talks if it produces results
    Zelenskiy favours US proposal of three-way talks if it produces results
    UK's Prince William and son George volunteer at homelessness charity
    UK's Prince William and son George volunteer at homelessness charity
    US intercepts oil tanker off Venezuelan coast, officials say
    US intercepts oil tanker off Venezuelan coast, officials say
    US offers new talks format including Russia and Ukraine, Zelenskiy says
    US offers new talks format including Russia and Ukraine, Zelenskiy says
    Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says
    Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says
    Stellantis CEO says investments at risk in Europe after EU auto package
    Stellantis CEO says investments at risk in Europe after EU auto package
    French presidential silverware keeper faces trial over suspected porcelain theft
    French presidential silverware keeper faces trial over suspected porcelain theft
    Ukraine and Portugal agree on co-production of Ukrainian sea drones
    Ukraine and Portugal agree on co-production of Ukrainian sea drones
    Italian police arrest 384, seize 1.4 tonnes of drugs in nationwide crackdown
    Italian police arrest 384, seize 1.4 tonnes of drugs in nationwide crackdown
    How Brazil's deadliest police raid turned into a bloodbath
    How Brazil's deadliest police raid turned into a bloodbath
    Bangladesh holds state funeral for slain youth leader amid tight security
    Bangladesh holds state funeral for slain youth leader amid tight security

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea

    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea

    US, Russian officials meet in Florida for more Ukraine talks

    US, Russian officials meet in Florida for more Ukraine talks

    US hits ISIS in Syria with large retaliatory strikes, officials say

    US hits ISIS in Syria with large retaliatory strikes, officials say

    Australia PM says Jewish community 'completely unbreakable' after Bondi attack

    Australia PM says Jewish community 'completely unbreakable' after Bondi attack

    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says

    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says

    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done

    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done

    Israeli attack on school shelter in Gaza City kills 5 Palestinians, hospital chief says

    Israeli attack on school shelter in Gaza City kills 5 Palestinians, hospital chief says

    Russian missiles attack port near Ukraine's Odesa, kill seven, officials say

    Russian missiles attack port near Ukraine's Odesa, kill seven, officials say

    Rubio says new governance bodies for Gaza will be in place soon, followed by international force

    Rubio says new governance bodies for Gaza will be in place soon, followed by international force

    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion

    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion

    US intelligence indicates Putin's war aims in Ukraine are unchanged

    US intelligence indicates Putin's war aims in Ukraine are unchanged

    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls

    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls

    View All Headlines Posts
    Previous Headlines PostGermany threatens steps against Israel as tone shifts over Gaza
    Next Headlines PostGaza humanitarian group is a 'distraction' from what is needed, UN says