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Microcap & Penny Stocks : The FR REFR Thread -- Ignore unavailable to you. Want to Upgrade?


To: firstresponder who wrote (48)11/26/2024 3:24:12 PM
From: firstresponder  Read Replies (1) | Respond to of 70
 
Uncomfortable (??) development, given that BMW has just started Neue Klasse pre-production testing at their Debrecen, Hungary plant.

"Hungarian Prime Minister Viktor Orbán, although he leads a country that has been in NATO for 25 years, has been pushing the concept of economic neutrality, including a “shift from traditional Western alignment.

'We must preserve our relations eastward and westward,' he said in a radio interview last month.

That has made him an increasingly troublesome ally within NATO and the EU at a time when the West is aiding Ukraine and trying to sanction Russia for its war of aggression.

"Hungary has been blocking EU efforts to refund countries for arms shipments to Ukraine, and has made it difficult to use the proceeds from frozen Russian assets to help finance Kyiv...

Swedish Prime Minister Ulf Kristersson slammed Orbán’s appearance in Georgia. “He does not speak for the countries of Europe, he does not speak for Sweden, he may speak for Russia, but he does not speak for the rest of us,” Kristersson said.

There are growing worries that Orbán’s eastern efforts are turning Hungary into an unreliable partner; apart from cozying up to Moscow, he has also been lobbying China to build more car plants in his country."

But where does the upcoming administration stand on tariffs against cars imported ffrom Hungary, given the President-elect's positive impression of Orban's dealmaking reputation?

That's my REFR-related question.