EU, Hungary edge toward unlocking billions in frozen funds ahead of August deadline
TL;DR Summary
EU officials and Hungary's incoming government held weekend talks in Budapest to unlock billions in frozen EU funds, including €10.4bn from the Recovery and Resilience Facility and up to €17bn in other funds; Hungary pledged reforms (anti-corruption, judicial independence, press and academic freedom) and said Ukraine matters will not be linked; the Commission says remaining issues can be resolved via milestones, with a late-August deadline, potentially unlocking up to €34bn for Hungary.
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