All articles tagged with #cohesion funds
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.
The European Commission has initiated a three-month review process to potentially release €76.5 billion in cohesion funds to Poland, which had been frozen due to concerns over judicial independence. The new Polish government aims to reverse the judicial reforms that led to the freeze, but faces challenges from President Andrzej Duda, raising concerns of a constitutional crisis. The review also includes conditions related to transport, healthcare, and COVID-19 recovery funds, with Brussels closely monitoring the situation and ready to intervene if EU law is breached.