George Soros says he will have to close his Hungarian university after it was 'targeted' by country's anti-liberal PM
A university in Budapest founded by billionaire philanthropist George Soros faces closure if the Hungarian prime minister pushes through a new law which prevents colleges being funded from outside the country.
The Central European University (CEU) said Hungary's new legislation on higher education 'would make it impossible to continue its operations' in Budapest, where it was set up 25 years ago.
Ironically Hungary's Prime Minister Viktor Orban won a Soros Foundation scholarship to Pembroke College in Oxford in 1989.
But he has been increasingly critical of Soros, accusing him of wanting to influence Hungarian politics and supporting mass migration into Europe.