Now Hungary loses its airline

The Hungarian airline Malev ceased trading this morning. It had been ordered to pay back loans from the EU and could not meet the deadline. Here‘s the BBC report. All planes are grounded. Those abroad may be held against debt. Here‘s Bloomberg.

This may be one more sign of pressure mounting on Victor Orban’s proto-fascist regime.

share this

Share on facebook
Share on twitter
Share on linkedin
Share on google