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 > Israeli leader Netanyahu applauds Hungary's ICC exit on Budapest visit
    Headlines

    Israeli leader Netanyahu applauds Hungary's ICC exit on Budapest visit

    Israeli leader Netanyahu applauds Hungary's ICC exit on Budapest visit

    Published by Global Banking and Finance Review

    Posted on April 3, 2025

    Featured image for article about Headlines

    By Anita Komuves and Maayan Lubell

    BUDAPEST (Reuters) -Israeli leader Benjamin Netanyahu applauded Hungary for its "bold and principled" decision to leave the International Criminal Court as he visited Budapest on Thursday, a rare trip abroad in defiance of an ICC arrest warrant.

    Netanyahu, invited by Hungary's right-wing Prime Minister Viktor Orban, faces the ICC arrest warrant over allegations of war crimes in Gaza as Israel has expanded its military operation in the Palestinian enclave.

    Hungary has rejected the idea of arresting the Israeli prime minister and has called the warrant "brazen".

    In an announcement timed with Netanyahu's visit on Thursday, Orban said Hungary would withdraw completely from the ICC, an organisation set up more than two decades ago to prosecute those accused of war crimes, crimes against humanity, and genocide.

    "This is no longer an impartial court, a rule-of-law court, but rather a political court. This has become the clearest in light of its decisions on Israel," Orban said at a news conference with Netanyahu where they did not take questions.

    Orban had invited his Israeli counterpart to Budapest in November, a day after the arrest warrant was issued over Israel's offensive in Gaza, launched after an attack by the Palestinian Islamist militant group Hamas on southern Israel.

    Israel has rejected the ICC accusations, saying they are politically motivated and fuelled by antisemitism. It says the ICC has lost all legitimacy by issuing the warrants against a democratically elected leader of a country exercising the right of self-defence.

    "You stand with us at the EU, you stand with us at the UN and you've just taken a bold and principled position on the ICC... it's important for all democracies to stand up to this corrupt organisation," Netanyahu told Orban.

    An ICC spokesperson had no immediate comment on the criticism from Orban and Netanyahu.

    The court has previously said its decision to pursue warrants against Israeli officials was in line with its approach in all cases and that it is not for states to unilaterally determine the soundness of its legal decisions.

    SECOND TRIP

    The visit to Hungary was only Netanyahu's second trip abroad since the ICC announced the warrants, following a visit to Washington in February to meet U.S. President Donald Trump.

    As a founding member of the ICC, Hungary is theoretically obliged to arrest and hand over anyone subject to a warrant from the court. Hungary ratified the ICC's founding document in 2001, but the law has not been promulgated.

    Foreign Minister Caspar Veldkamp of the Netherlands, which hosts the ICC, said on Thursday that until its withdrawal from the ICC was complete, which he said takes about a year, Hungary must still meet its duties.

    European Union countries have been split on the ICC warrant.

    Some said last year they would meet their ICC commitments, while Italy has said there were legal doubts, and France has said it believed Netanyahu had immunity to ICC actions.

    Germany's next chancellor Friedrich Merz said in February he would find a way for Netanyahu to visit without being arrested.

    Hungary's Orban is an important Israeli ally who has acted to block EU statements or actions critical of Israel.

    The Israeli campaign has killed more than 50,000 Palestinians, according to Palestinian health authorities, and devastated the Gaza Strip. The Hamas-led attack on Israel on October 7, 2023, killed 1,200 people and saw more than 250 taken hostage, according to Israeli tallies.

    Hamas condemned Hungary's decision, calling it "a slap in the face to the principle of international justice".

    The ICC also issued an arrest warrant against a Hamas leader, Mohammed Deif, in November. His death was confirmed after the warrant was issued.

    Prosecutors had also sought to arrest Hamas leader Ismail Haniyeh and the group's leader in Gaza, Yahya Sinwar. Both were killed by Israel before the request was approved.

    (Reporting by Anita Komuves, Gergely Szakacs, and Maayan Lubell; Additional reporting by Bart Meijer, Charlotte Van Campenhout, Anthony Deutsch and Stephanie van den Berg in Amsterdam, James Mackenzie in Jerusalem; Writing by Jason Hovet and Gergely Szakacs; Editing by Alison Williams and Philippa Fletcher)

    Related Posts
    Explainer-Bondi Beach suspects travelled to Philippine region known for Islamist militancy
    Explainer-Bondi Beach suspects travelled to Philippine region known for Islamist militancy
    Family of Bondi hero in Syria says his home country is proud of him
    Family of Bondi hero in Syria says his home country is proud of him
    UK police charge two men with belonging to Hezbollah, attending terrorism training
    UK police charge two men with belonging to Hezbollah, attending terrorism training
    Exclusive-Saudi firm Midad among frontrunners to buy Lukoil's global assets, sources say
    Exclusive-Saudi firm Midad among frontrunners to buy Lukoil's global assets, sources say
    UK police arrest teenage boy for murder after 9-year old girl dies
    UK police arrest teenage boy for murder after 9-year old girl dies
    Russia is main treat to peace in Euro-Atlantic area, eight northern and eastern European countries say
    Russia is main treat to peace in Euro-Atlantic area, eight northern and eastern European countries say
    UK launches review of foreign financial interference in politics
    UK launches review of foreign financial interference in politics
    Russia calls German broadcaster Deutsche Welle an 'undesirable organisation'
    Russia calls German broadcaster Deutsche Welle an 'undesirable organisation'
    Italy plans 2.4 billion euros investment in frigates, document shows
    Italy plans 2.4 billion euros investment in frigates, document shows
    Swedish greenhouse gas emissions on rise again after government relaxes fuels policy, data shows
    Swedish greenhouse gas emissions on rise again after government relaxes fuels policy, data shows
    Eurovision host says it will not drown out any boos during Israel's performance
    Eurovision host says it will not drown out any boos during Israel's performance
    Liverpool parade attacker jailed for more than 21 years for ploughing car into fans
    Liverpool parade attacker jailed for more than 21 years for ploughing car into fans

    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

    From pulpit to turntables: Portugal's 'DJ Priest' brings his message to Latin America

    From pulpit to turntables: Portugal's 'DJ Priest' brings his message to Latin America

    Leonardo denies liability for helicopter crash that killed Leicester City owner

    Leonardo denies liability for helicopter crash that killed Leicester City owner

    Explainer-French lawmakers race to agree 2026 budget before year-end

    Explainer-French lawmakers race to agree 2026 budget before year-end

    UK PM Starmer's office: Trump legal action is a matter for the BBC

    UK PM Starmer's office: Trump legal action is a matter for the BBC

    Soccer-French court orders PSG to pay Mbappe 60 million euros

    Soccer-French court orders PSG to pay Mbappe 60 million euros

    German investor morale rises more than expected in December, ZEW finds

    German investor morale rises more than expected in December, ZEW finds

    Exclusive-Shell seeks buyers for stake in Germany's Schwedt refinery, sources say

    Exclusive-Shell seeks buyers for stake in Germany's Schwedt refinery, sources say

    EU Parliament approves deal to weaken corporate sustainability laws

    EU Parliament approves deal to weaken corporate sustainability laws

    EU tries to salvage Mercosur trade pact as parliament toughens farm protections

    EU tries to salvage Mercosur trade pact as parliament toughens farm protections

    Italy's ruling parties urge caution on using frozen Russian assets

    Italy's ruling parties urge caution on using frozen Russian assets

    UK launches BBC funding review, as broadcaster reels from Trump lawsuit

    UK launches BBC funding review, as broadcaster reels from Trump lawsuit

    Bow failure caused 1994 Estonia ferry disaster, final report shows

    Bow failure caused 1994 Estonia ferry disaster, final report shows

    View All Headlines Posts
    Previous Headlines PostGreek feta producers fret over exports after US tariffs
    Next Headlines PostBelgian PM calls a U.S.-EU trade war wealth-destroying madness