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George Soros’ Open Society foundation ends operations in Hungary – statement

Liberal billionaire financier George Soros’ Open Society Foundations has ended its operations in Hungary, it said in a statement.

“Faced with an increasingly repressive political and legal environment in Hungary, the Open Society Foundations are moving their Budapest-based international operations and staff to the German capital, Berlin,” the group said on Tuesday.

Patrick Gaspard, the president of the Open Society Foundations, lashed out at Budapest, saying it has “denigrated and misrepresented our work,” while repressing civil society “for the sake of political gain.”

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