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    Home > Headlines > Hungarian minister calls for safeguards in contested transparency bill
    Headlines

    Hungarian minister calls for safeguards in contested transparency bill

    Published by Global Banking & Finance Review®

    Posted on June 5, 2025

    2 min read

    Last updated: January 23, 2026

    Hungarian minister calls for safeguards in contested transparency bill - Headlines news and analysis from Global Banking & Finance Review
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    Tags:compliancefinancial stabilitypolitical risk insurance

    Quick Summary

    A Hungarian minister advocates for safeguards in a transparency bill targeting foreign-funded groups, amid political debates and protests.

    Hungarian Minister Advocates for Protections in Controversial Transparency Bill

    By Gergely Szakacs

    BUDAPEST (Reuters) -A Hungarian government minister said on Thursday that a new transparency bill targeting foreign-funded groups must not be used for political prosecution and should contain safeguards, highlighting differences within the ruling party over the plan.

    Prime Minister Viktor Orban, in power since 2010, pledged in March to crack down on foreign funding of independent media, opposition politicians and NGOs.

    The bill, submitted to parliament by Orban's nationalist Fidesz party on May 14, would draft a list of organisations that get foreign funding and restrict or even shut them down if deemed to threaten Hungary's sovereignty and its culture.

    Critics say the bill aims to stifle political dissent ahead of a national election due in 2026 when Orban faces an unprecedented challenge from a new opposition party.

    The bill has prompted street protests, while scores of editors from leading European news outlets signed a petition last month calling on Hungary to scrap the bill.

    On Wednesday Fidesz unexpectedly postponed a parliamentary debate on the legislation and said a vote would not take place before the summer recess.

    Regional Development Minister Tibor Navracsics said he backed the original purpose of the legislation to create transparency over the finances of groups influencing public discourse but voiced opposition to some provisions.

    "If we must be drawing up a list (of organisations), then that must be as specific as possible, or the possibility of judicial recourse must be provided," Navracsics, a former justice minister, told the Otpontban political podcast.

    Navracsics, a former European Commissioner, said he also opposed a proposal to strip targeted organisations of the right to receive voluntary income tax donations from the public.

    Navracsics dismissed speculation that Orban would not contest the upcoming election as prime minister but he said the lavish lifestyle of some ruling party politicians and businessmen around Fidesz was "harmful".

    "I do not know if this will be a decisive factor (in the election). However, from my own constituency I know there are indeed people irritated by such levels of wealth inequality," he said.

    (Reporting by Anita Komuves and Gergely SzakacsEditing by Gareth Jones)

    Key Takeaways

    • •Hungarian minister calls for safeguards in transparency bill.
    • •The bill targets foreign-funded groups in Hungary.
    • •Critics argue it suppresses political dissent.
    • •Fidesz postponed debate on the bill until after summer.
    • •Minister Navracsics opposes some provisions of the bill.

    Frequently Asked Questions about Hungarian minister calls for safeguards in contested transparency bill

    1What is the purpose of the new transparency bill in Hungary?

    The transparency bill aims to create a list of organizations receiving foreign funding and restrict or shut them down if deemed to threaten national interests.

    2Who is opposing the transparency bill and why?

    Critics argue that the bill is designed to stifle political dissent ahead of the 2026 national election, especially as Orban faces challenges from a new opposition party.

    3What did Regional Development Minister Tibor Navracsics say about the bill?

    Navracsics supported the bill's intent for transparency but emphasized the need for specificity in the list of organizations and the provision for judicial recourse.

    4What has been the public response to the transparency bill?

    The bill has sparked street protests, and many editors from leading European news outlets have signed a petition urging Hungary to abandon the legislation.

    5What has Prime Minister Viktor Orban pledged regarding foreign funding?

    Orban pledged to crack down on foreign funding of independent media, opposition politicians, and NGOs, indicating a significant shift in Hungary's political landscape.

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