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Magyar Takes Power, Gruevski Under Threat: Budapest Company, Sanctions List, and Possible Extradition

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Peter Magyar won the elections on Sunday, and by Tuesday he's already demanding the president's resignation and ignoring Orban. The Tisza party leader wastes no time - literally.

Gruevski fled in November 2018. Skopje sent an extradition request that same year, supplemented in June 2019. Budapest rejected it in August 2019, citing its legal framework for protecting political asylum recipients. Now, with Magyar in power, that framework may change.

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Gruevski didn't sit idle. In July 2021 he founded I.C.I.C. Kft. in Budapest - 'business consulting, porcelain and cleaning products trade, food and beverages, asset management, advertising and public relations.' By 2022, the company registered ten more activities. Revenue? 10,500 euros in 2024. The company also appeared on the US Treasury's sanctions list.

The Justice Ministry is now collecting documents for a possible extradition. Several scenarios are on the table: formal extradition, asylum revocation and deportation, or - least likely - Gruevski returns voluntarily. Skopje talks, Budapest decides. But this time, for the first time since 2018, the atmosphere in Budapest isn't on the fugitive's side.