Overview

• The draft law mandates blacklisting foreign-funded NGOs and independent media deemed to influence public opinion, requiring state approval for financial support.
• Banks would be obligated to report all overseas transfers to listed organizations, with violations resulting in fines up to 25 times the received amount or dissolution.
• Hungarian citizens with dual nationality would be classified as foreigners under the proposed legislation.
• The bill, modeled on Russian restrictions, is expected to pass due to Fidesz's parliamentary majority, further straining Hungary’s EU relations over rule-of-law concerns.
• Opposition figures warn of increasing authoritarianism, with MP Akos Hadhazy calling the move a step toward the 'Putinization' of Hungary.