EU unlocks €16.4B for Hungary after reforms pledge
TL;DR Summary
The European Commission will release more than €16.4 billion in frozen EU funds to Hungary once reform milestones pass, including about €10 billion in pandemic recovery funds and €6.4 billion in cohesion funds. PM Péter Magyar says the funding follows Hungary’s democratic choice and is not linked to Ukraine talks, with disbursement conditioned on reforms passing parliament.
- EU unlocks cash for Hungary Euractiv
- EU hails Hungary's 'wind of change' and unlocks €16.4bn for new PM Magyar BBC
- Statement by President von der Leyen with Hungarian Prime Minister Magyar European Commission
- After Orban’s Defeat, Hungary Is Poised to Get Billions From E.U. The New York Times
- EU to release €16bn to Hungary previously frozen under Orbán The Guardian
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