“Hungary has amended its constitution to bar foreigners from buying farmland, a move the government called ‘historic,’ but one that could cause friction with the European Union. Hungarian lawmakers on December 17 voted by a large majority to amend the constitution to bar foreigners from buying Hungarian farmland. The vote was a ‘historic decision’ and the ‘beginning of a new era for agriculture,’ it continued. The government says farmland needs to be protected from speculators and bankers looking to score bargains at the expense of farmers.”
http://www.rawstory.com/rs/2012/12/22/hungary-bars-foreigners-from-buying-farmland/
Related posts:
IMF to Europe: Deliver on Irish bailout
UK ministers to seize back 100 powers from Brussels
Tax havens explained: How the rich hide money
Bloomberg: Smart Money Is on Geithner to Replace Bernanke
Iraqi family slaughtered in suspected US-led air strike
In hard times, "I buy gold" is Italy's boom business
Woolwich murder: Younger brother of Michael Adebolajo 'was paid thousands to spy in Middle East'
Obamacare Layoffs Begin In Health Care Services; Insurers, Hospitals Set To Profit
Police Arrest 60-Year-Old Woman Speaking At City Council Meeting
Tablets at restaurants: Applebee's, Chili's to eliminate human interaction
Voters post ballot selfies online in protest of new social media law
New U.S. Law Would Revoke Passports of Delinquent Taxpayers
'Shadow Margin' Borrowing With Stock Soars as Market Rises
Obama rebukes North Korea over nuke test and calls for ‘swift’ and ‘credible’ action
Putin says Snowden should stop harming 'our American partners'