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Gov't Outsources State Assets and Unis to 'Raise Competitiveness,' Opposition Believes It's Robbery


Fidesz-KDNP members of the National Assembly, with the help of three independent MPs, voted in the law that transfers various state assets to “public interest asset management foundations,” removing the state’s oversight of hundreds of billions in public funds. The government’s official reasoning is to raise competitiveness and efficiency. However, the move raises a great deal of concerns as many fear Fidesz and Orbán want to put hands on state assets and build a deep state in an aim to keep wealth and influence for a long time, in addition to extending their ideological influence.
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