Victor Orban shows how much a rightwing dictator he is by funding his economic recovery by raising taxes on huge profits companies made during this financial crises such as...energy companies, banks, advertising companies, airlines, insurers, etc.. That absolute monster. - Kotaku In Action 2

Victor Orban shows how much a rightwing dictator he is by funding his economic recovery by raising taxes on huge profits companies made during this financial crises such as...energy companies, banks, advertising companies, airlines, insurers, etc.. That absolute monster. (archive.ph)

posted 2 years ago by GeneralBoobs 2 years ago by GeneralBoobs +37 / -2

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– TheImpossible1 -1 points 2 years ago +2 / -3

They can't have received that much, they just did a share issue to cover debts. In fact, it was to cover their 1.7bn loan from the French government. So despite government "support", the shareholders still took a big hit because of the need to issue additional shares to cover debts.

https://archive.ph/osd9t

Are the governments issuing windfall taxes going to pay them back to these companies?

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– AntonioOfVenice 3 points 2 years ago +3 / -0

They can't have received that much,

Oh. That settles it then.

In fact, it was to cover their 1.7bn loan from the French government. So despite government "support", the shareholders still took a big hit because of the need to issue additional shares to cover debts.

A state loan is support. Hell, the auto bailout, which you acknowledged as state support, was a loan, as was TARP.