Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

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 © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & 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 > Hungarian official unsure if contested transparency bill will ever re-emerge
    Headlines

    Hungarian official unsure if contested transparency bill will ever re-emerge

    Published by Global Banking & Finance Review®

    Posted on June 18, 2025

    2 min read

    Last updated: January 23, 2026

    Hungarian official unsure if contested transparency bill will ever re-emerge - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

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

    Subscribe

    Tags:compliancenongovernmental organizationsfinancial stabilitypublic policy

    Quick Summary

    The future of Hungary's transparency bill, targeting foreign-funded groups, remains uncertain amid criticism and protests. A return to parliament is possible in autumn.

    Hungarian Official Questions Future of Controversial Transparency Bill

    By Catarina Demony

    LONDON (Reuters) -Hungarian Foreign Ministry state secretary Levente Magyar said on Wednesday he was unsure if a postponed parliamentary debate and vote on transparency legislation governing foreign-funded groups would "ever re-emerge."

    Prime Minister Viktor Orban's Fidesz Party submitted a bill to parliament on May 14 that would draft a list of organisations that collect foreign funding and restrict or shut them down if they are deemed to threaten Hungary's sovereignty and culture.

    The bill has been widely criticised by Hungarian news outlets, think tanks and civic rights groups. Street protests have occurred and scores of editors from leading European news outlets signed a petition last month calling for Orban's nationalist government to scrap the legislation.

    The vote was originally scheduled to happen in mid-June and approval was expected as Fidesz holds a majority.

    "There was a lot of controversy around the bill, and there was a lot of internal debate and discussion and dispute around the bill, so the initiators of the bill saw it appropriate to revoke it for now," Magyar told Reuters on the sidelines of an event at the Hungarian embassy in London.

    "I'm not sure if it will ever ... re-emerge again," he said, adding that the earliest the bill could return to parliament for debate is autumn. "I don't know about any determined decision... to bring this back."

    Orban, in power since 2010, pledged in March to crack down on foreign funding of independent media, opposition politicians and nongovernmental organisations in what critics said was a move to strengthen his position ahead of elections due in 2026, when he faces a challenge from a new opposition party.

    (Reporting by Catarina Demony; Editing by Rod Nickel)

    Key Takeaways

    • •Hungarian transparency bill faces uncertain future.
    • •Bill targets foreign-funded organizations in Hungary.
    • •Critics argue it threatens media and civic groups.
    • •Protests and petitions call for its withdrawal.
    • •Earliest possible return to parliament is autumn.

    Frequently Asked Questions about Hungarian official unsure if contested transparency bill will ever re-emerge

    1What is the main concern regarding the transparency bill?

    The bill has been widely criticized for potentially restricting independent media and civic rights groups by targeting organizations that collect foreign funding.

    2When was the parliamentary vote on the bill originally scheduled?

    The vote was originally scheduled for mid-June, but it was postponed due to controversy and internal disputes surrounding the bill.

    3What did Levente Magyar say about the bill's future?

    Levente Magyar expressed uncertainty about whether the bill would ever re-emerge, mentioning that the earliest it could return for debate is in autumn.

    4Who initiated the transparency bill?

    The bill was submitted to parliament by Prime Minister Viktor Orban's Fidesz Party on May 14.

    5What actions have been taken by the public in response to the bill?

    There have been street protests and a petition signed by scores of editors from leading European news outlets criticizing the bill.

    More from Headlines

    Explore more articles in the Headlines category

    Image for French justice opens Epstein-linked probe against former culture minister
    French justice opens Epstein-linked probe against former culture minister
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected arson hits Italian rail network near Bologna, police say
    Suspected arson hits Italian rail network near Bologna, police say
    Image for Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Olympics-Protesters to rally in Milan denouncing impact of Winter Games
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia to interrogate two suspects over attempted killing of general, report says
    Russia to interrogate two suspects over attempted killing of general, report says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Ukraine backs Pope's call for Olympic truce in war with Russia
    Ukraine backs Pope's call for Olympic truce in war with Russia
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    Not Italy's Devil's Island: Sardinia bristles at mafia inmate plan
    View All Headlines Posts
    Previous Headlines PostSeparatist Moldovan region facing crisis without Russian gas, minister says
    Next Headlines PostNike delays launch of women's brand in partnership with Kim Kardashian's Skims