Ten days after the signing of the "budgetary pact", the European treaty which does not have the form to avoid public consultations, the mechanism of foolish and virulent sanctions, set up by Sarkozy and Merkel, is already at work. First victim: the Hungarian people that become "the example".

Even though Hungary has been under the shock treatment by the International Monetary Fund (IMF) already for years, the EU decides - by virtue of the Maastricht criteria that no country meets - to punish the Hungarian population by suspending regional aid.

The Party of the European Left (EL) condemns these idiotic and catastrophic economic measures on the Hungarian people.

The EL denounces the intervention of a variable geometry of the European Union (EU) which does not say a word about the fact that freedom and rights are violated in Viktor Orban's Hungary, but which does not hesitate to impose austerity plans and financial sanctions on the Hungarian people to eradicate public services and employment.

In doing so, the EU prevents the social development of the Eastern countries by arranging competition among the European workers and reducing the rights and incomes of all.

That is not the Union we want!

The EL calls on the forces that resist austerity and that want a different European construction to participate in a European alternative summit in Brussels on March 30 and 31, 2012.

Party of the European Left,
Brussels, March 15, 2012