• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

1

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

2

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

3

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Soccer

Hungary’s anti-LGBTQ law draws condemnation from EU—and from soccer fans ahead of tonight’s big match

By
Nikos Chrysoloras
Nikos Chrysoloras
,
Katharina Rosskopf
Katharina Rosskopf
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Nikos Chrysoloras
Nikos Chrysoloras
,
Katharina Rosskopf
Katharina Rosskopf
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
June 23, 2021, 9:04 AM ET
Add Fortune on Google for similar content.

The European Commission will begin legal proceedings against Hungary over a controversial law curtailing LGBTQ content, in the latest spat between Brussels and Prime Minister Viktor Orban’s government.

“The Hungarian bill is a shame,” Commission President Ursula Von der Leyen told reporters in Brussels on Wednesday. “I will use all the powers of the commission to ensure that the rights of all EU citizens are guaranteed, whoever you are and wherever you live.”

Hungary’s Parliament approved last week legislation outlawing content for children that can be deemed to “promote homosexuality.” The bill, which pairs homosexuality with pedophilia, builds on previous legislation adopted in Hungary last year, including putting an effective ban on adoption by same-sex partners and enshrining in the constitution that marriage is possible only between a man and a woman.

Read more: Pride logo, or no Pride logo?—Companies still grapple with the meaning of being an LGBTQ+ ally

The legislation has provoked a furious reaction in Brussels and in Western European capitals. On Tuesday, 13 EU governments issued a joint declaration condemning it, as it “represents a flagrant form of discrimination based on sexual orientation, gender identity and expression.”

While Wednesday’s expected action from the European Commission is just the start of long-drawn legal proceedings that will have no immediate impact on Hungary, the move adds to signs that the Commission will take a tough stance when assessing whether the alleged descent of Hungary and Poland toward authoritarianism presents a risk for EU funds.

This Hungarian bill is a shame.

It discriminates people on the basis of their sexual orientation & goes against the EU's fundamental values.

We will not compromise.

I will use all the legal powers of @EU_Commission to ensure that the rights of all EU citizens are guaranteed. pic.twitter.com/RzWPpue0CD

— Ursula von der Leyen (@vonderleyen) June 23, 2021

Later this year, the EU’s executive arm may propose the freezing of payments from the bloc’s jointly financed stimulus program and common budget toward the two countries governed by hard right populist parties. The proposal, which would need the backing of a weighted majority of European governments, could mean that billions of euros in EU funds could be withheld over the lack of democratic checks and balances to ensure they will not be misappropriated.

To protest the law, the city of Munich had planned to illuminate its stadium in rainbow colors when Germany meets Hungary for a soccer match in the EURO 2020 tournament later on Wednesday.

🇪🇺🏳️‍🌈Europe is more than a cash machine, it's also about fundamental values. https://t.co/4emGWHl2t7

— Alexander De Croo 🇧🇪🇪🇺 (@alexanderdecroo) June 22, 2021

While European soccer body UEFA denied the request, Munich authorities said they’ll decorate city hall in rainbow flags and light up a wind turbine close to the arena in the colors of the pride flag. Stadiums in several other German cities will also be illuminated in solidarity with the LGBTQ movement.

Orban, who had planned to attend the game in person, has since canceled his trip to Munich, according to a person familiar with the planning.

pic.twitter.com/Gx1MLvQHhE

— UEFA EURO 2024 (@EURO2024) June 23, 2021

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning.

About the Authors
By Nikos Chrysoloras
See full bioRight Arrow Button Icon
By Katharina Rosskopf
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in International

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
17 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
1 day ago
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
9 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
11 hours ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
17 hours ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.