„Already under attack over controversial new media laws, Hungary faced new criticism on the first working day of its presidency of the European Union — this time being accused of discriminating against big foreign investors.
Following complaints from more than a dozen West European corporations, the European Commission, the bloc’s executive, said it would investigate whether Hungary was breaking the law by levying a new crisis tax that will hit foreign companies hard.
A country of 10 million, Hungary faces six months of unusually close scrutiny while it takes charge of E.U. business.