EU Commission takes note of Hungary vote, says for government to deal with outcome
- Banks, telecoms lead Wall Street up; another Dow record
- Western Digital (WDC) Raises Q2 Outlook
- bluebird bio (BLUE) to Offer $200M of Common Stock
- Dave & Buster's Entertainment (PLAY) Tops Q3 EPS by 11c, Raises FY Revenue Guidance
- After-Hours Stock Movers 12/06: (PLAY) (ANTH) (WDC) Higher; (AVAV) (ESV) (BLUE) Lower (more...)
Hungarian women wearing traditional costumes attend a referendum on EU migrant quotas in Veresegyhaz, Hungary, October 2, 2016. REUTERS/Bernadett Szabo
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.
BRUSSELS (Reuters) - The European Commission said on Monday that it took note of the referendum on migrant quotas in Hungary on Sunday and that it was up to Budapest to deal with the outcome.
Almost all Hungarians who voted in Sunday's referendum rejected the European Union's migrant quotas but turnout was too low to make the poll valid, frustrating Prime Minister Viktor Orban's hopes of a clear victory with which to challenge Brussels.
"If the referendum had been legally valid, our comment would have been that we take not of it. Since it was declared legally void by the Hungarian electoral commission we can now say that we also take note of it," Commission spokesman Margaritis Schinas told a regular news briefing.
"We believe it is for the Hungarian government to decide how to deal with the outcome of this national referendum," he said.
(Reporting by Jan Strupczewski and Philip Blenkinsop)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Switzerland makes progress in money laundering fight: task force report
- German industry output rises less than expected in October
- Thailand to investigate BBC over profile of new king: minister
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!