Facebook group protests against “looting” private pension funds

Budapest, November 25 (MTI) – A demonstration was held in central Budapest to protest against a government proposal concerning private pension funds, on Tuesday.

Zoltan Buki, member of a Facebook group which organised the demo, said that “the government is now eyeing the property of 60,000 people” and insisted that the cabinet had “irrevocably gone down to the level of petty thieves sneaking into homes at night and reaching into drawers”.

Zoltan Vajda, founder of the group, said that “the government wants to snatch the last deposits” of fund members. He insisted that if the government’s bill is passed into law, the savings would “disappear just like the 3,000 billion forints the government had transferred from private pension funds to the state fund in 2011”. “We won’t give them our money,” the speaker insisted, and added that the prime minister would “come a cropper”.