On 15 May, the Open Society Foundations (OSF), the international network founded by Hungarian-born financier George Soros to support civil society around the world, has officially announced the closure of its operations in the Hungarian capital. Faced with what it describes as an increasingly repressive political and legal environment in Hungary, the Open Society Foundations are moving their Budapest-based international operations and staff to the German capital, Berlin, the OSF says in a press release. The decision to move operations out of Budapest comes as the Hungarian government prepares to impose further restrictions on non-governmental organizations (NGOs) through what it has branded its “Stop Soros” package of legislation, the OSF adds. Read more here.
Source: Budapest Business Journal