EU unlocks €16.4bn for Hungary on reform pledge

1 min read
Source: The Guardian
EU unlocks €16.4bn for Hungary on reform pledge
Photo: The Guardian
TL;DR

Hungary secures €16.4bn of EU funds after a reform deal tied to anti-corruption and rule-of-law steps, with €10bn from NextGenerationEU, €4.2bn cohesion and €2.2bn for academic freedom; a €500m tranche remains blocked over LGBTQ-rights issues, as PM Péter Magyar hails a reset of EU ties and pledges swift reforms.

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