Hungary To Confiscate Profits From Multinationals

The Wall Street Journal reports: Hungarian Prime Minister Viktor Orban used newly acquired wartime powers to declare that multinational companies in his country must cede the bulk of their excess profits into new state funds dedicated to preparing the country’s military defenses and weathering inflation. Mr. Orban, who won a fifth term in power last … Continue reading Hungary To Confiscate Profits From Multinationals