Brussels races to unlock Hungary’s EU funds as new government takes helm amid Ukraine tensions
TL;DR Summary
EU Commission officials will meet Hungary’s incoming government led by Péter Magyar in Budapest to begin unfreezing €17 billion of EU funds, with Ukraine-related disputes also on the agenda. Five days after Magyar’s election victory, Brussels aims to unlock funds tied to reform benchmarks like judicial independence and academic freedom; Hungary could lose nearly €10bn if payments aren’t disbursed by August. While Brussels says no new conditions, the talks will also address Ukraine aid and the Druzhba pipeline dispute, reflecting tensions between Budapest’s stance and Brussels’ requirements as the new government forms.
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