Soros Foundation moves from Budapest to Berlin

Soros Foundation moves from Budapest to Berlin

Orban has accused Soros of being a part of a technique to flood Europe with migrants and of meddling in home affairs.

Soros's Open Society Foundations (OSF) organization said it would continue to support human rights work in Hungary as well as projects linked to the arts, media freedom, transparency, education and healthcare, but that it would move its Budapest-based worldwide operations and staff to Germany.

A senior minister in Orban's new government said on Monday that Hungary would tighten the bill on non-government groups following the ruling party's big election victory last month, a move likely to dismay the European Union and rights groups.

The Central European University, a graduate school started by US billionaire George Soros, said yesterday it would stay in Hungary's capital despite a decision by its founder's foundation to leave.

"The so-called Stop Soros package of laws is only the latest in a series of such attempts".

Soros' Open Society Foundations, which promote democracy and free speech, have also endured threats of legal sanctions from the government.

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George Soros' charitable foundations announced Tuesday that they are leaving Hungary, the New York Times reported.

Ironically, Orban himself received a Soros scholarship to go to Oxford University in 1989. The bill says that all NGOs which "support illegal immigration" need to be registered, while any NGO which gets money from overseas must pay a 25-percent tax.

"The Foundations will pursue all available legal avenues to defend the fundamental rights that are threatened by the legislation", OSF said in the statement, vowing to continue the organisation's work in Hungary through funding from the German capital. The group now has annual expenditures of over $940 million, operates in over 100 countries across the globe, with 26 national and regional foundations and offices.

"Over the past two years, the Hungarian government has spent more than 100 million euros in public funds on a..."

The CEU - which plans to open a satellite campus in Vienna - has agreed a deal with a United States college to meet new conditions imposed by Hungary, but the government is yet to approve the agreement.

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