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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Hungary

Hungary’s Orban Accepts EU Demands

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April 29, 2017, 11:03 AM ET
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Hungarian Prime Minister Viktor Orban told leaders of his centre-right EU political group on Saturday that he would comply with demands from Brussels to change measures branded an attack on academic freedom, the party said.

There was no immediate confirmation from Orban. But the apparent easing of tensions with Budapest came as EU national leaders met in Brussels to demonstrate unity ahead of Brexit negotiations. They agreed formal guidelines for those talks with Britain without further discussion.

Orban, in power since 2010, has regularly bashed the EU and is accused in Brussels along with leaders of some other ex-communist countries such as Poland, of willingly accepting EU funds, while rejecting EU values or a share of refugees. The Hungarian leader appeared to be in appeasing mode on Saturday.

“Prime Minister Orban committed himself in the EPP council to follow and implement all the demands of the European Commission within the deadline set by the Commission,” Siegfried Muresan, the European People’s Party spokesman, told reporters after Orban was grilled by fellow party leaders.

Thousands in Budapest Protest Legislation Targeting George Soros-Founded University

On Wednesday, the EU executive gave Budapest a month to adapt a higher education law passed on April 4, saying it was not compatible with fundamental European freedoms.

An Orban spokeswoman declined to say what Orban had told the meeting, called to clear the air within the conservative bloc, whose members include German Chancellor Angela Merkel.

EPP President Joseph Daul, whose group has considered in the past suspending Orban’s ruling Fidesz party over concerns about its respect for democratic values, said Orban had reassured the party that Hungary would comply with the Commission request.

Orban, who in common with other Eastern European leaders is anxious to show voters that they have not swapped half a century of rule from Moscow for diktat from Brussels, defended himself in the European Parliament on Wednesday.

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He condemned his former ally in opposing Communist control in Hungary, Hungarian-born U.S. financier George Soros, as a “speculator”. The Soros-backed Central European University in Budapest has said the new law is aimed at closing it down as part of a plan to discourage liberal thought.

“The measures in Budapest are not acceptable. Academic freedom must be guaranteed,” Manfred Weber, the EPP’s leader in the European Parliament, said after Saturday’s meeting.

“So after this discussion the ball is in (Orban’s) court. If he reacts properly, then he is a team player. If not, there will be consequences.”

Poland also faces complaints from the EU executive that it is breaching standards which others see as fundamental to the idea of the European Union and defying the bloc’s rules.

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