Leading firms seek sanctions against 'EU president' Hungary
Rahvusvahelised uudised 03 Jan 2011  EWR
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Valentina Pop
EUOBSERVER / BRUSSSELS - Thirteen European companies have written a joint letter to the EU commission asking for sanctions against Hungary over a set of special taxes imposed on foreign investors. The row comes just as Budapest takes over the rotating EU presidency and comes on top of an existing controversy over its strict media law.

The five-page letter addressed to EU commission chief Jose Manuel Barroso called on Brussels to "convince the Hungarian government of the importance of having stable legal conditions for investors" and of "making Budapest withdraw its unfair taxes," the Sunday (2 January) edition of Germany's Die Welt newspaper reported.

Continue reading here:
http://euobserver.com/9/31587/...
 
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