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Eu Funds

All articles tagged with #eu funds

Romania’s pro-EU government toppled as coalition talks begin
europe21 days ago

Romania’s pro-EU government toppled as coalition talks begin

Romania’s minority government led by Prime Minister Ilie Bolojan was ousted by a May 5 no-confidence vote, with 281 of 465 lawmakers backing the motion, which was driven by the PSD and the nationalist AUR. Bolojan’s cabinet will stay on in an interim role while President Nicusor Dan brokers a new pro-EU majority, potentially via negotiations among the four former coalition parties or a technocratic prime minister. Snap elections are unlikely, given constitutional constraints and a political desire to avoid boosting the far right. The shake-up comes as Bucharest presses reforms to unlock about €11 billion in EU funds and continues to balanceUkraine-related policy amid domestic Euroscepticism.

Hungary Returns Seized Ukrainian Assets, Signaling a Kyiv-Budapest Thaw
world21 days ago

Hungary Returns Seized Ukrainian Assets, Signaling a Kyiv-Budapest Thaw

Hungary handed back €35 million, $40 million, and 9 kilograms of gold seized from Ukraine’s state-bank convoy, a sign of warmer ties after Viktor Orbán’s departure and Péter Magyar’s victory; Zelenskyy called it an important step, and Kyiv noted a constructive approach, while Hungary has moved to drop its veto on a large EU loan to Ukraine and eased tensions over the Druzhba oil pipeline.

Romania's pro-EU coalition unravels as no-confidence ousts PM Bolojan
politics22 days ago

Romania's pro-EU coalition unravels as no-confidence ousts PM Bolojan

Romania’s four-party pro-EU coalition collapsed after 281 MPs backed a no-confidence motion against Prime Minister Ilie Bolojan, who will stay on as interim prime minister while parties negotiate a new government. The PSD had pulled out of the coalition, sparking market jitters about deficit reduction and EU recovery funds, with elections not due until 2028 and the president set to try to assemble a pro-EU majority.

Magyar Makes Brussels Push to Free EU Recovery Funds
politics1 month ago

Magyar Makes Brussels Push to Free EU Recovery Funds

Incoming Hungarian Prime Minister Péter Magyar travels to Brussels to press for unlocking billions in EU funds ahead of an August deadline, meeting with European Commission President Ursula von der Leyen as Hungary seeks to free about €10 billion in post-pandemic recovery money and secure additional financing, while Brussels links relief to progress on Ukraine alignment, sanctions, migration, and rule-of-law reforms after a reset in EU-Hungary ties.

EU, Hungary edge toward unlocking billions in frozen funds ahead of August deadline
europe1 month ago

EU, Hungary edge toward unlocking billions in frozen funds ahead of August deadline

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.

Tisza Party clinches sweeping majority as EU funds hinge on reforms
world1 month ago

Tisza Party clinches sweeping majority as EU funds hinge on reforms

Hungary’s Tisza party widened its parliamentary majority to 141 seats, paving the path for rapid reforms to unlock about €17 billion in EU funds. PM-elect Péter Magyar has begun talks with the European Commission to map the 27 reform conditions and lift Viktor Orbán’s veto, with the EU signaling potential early Ukraine loan payments and a looming August deadline for post-COVID funds.

Brussels races to unlock Hungary’s EU funds as new government takes helm amid Ukraine tensions
europe1 month ago

Brussels races to unlock Hungary’s EU funds as new government takes helm amid Ukraine tensions

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.

Magyar vows anti-corruption drive and a 'new era' for Hungary after landslide win
world1 month ago

Magyar vows anti-corruption drive and a 'new era' for Hungary after landslide win

Péter Magyar’s Tisza party won a two-thirds majority and pledged to pursue those who plundered Hungary, restore the rule of law and media independence, accelerate €17 billion in EU funding, join the European Public Prosecutor’s Office, and amend the constitution to cap prime ministers at two terms, while suspending state media and calling for resignations of top officials.

Magyar vows to purge Orbán loyalists and unlock EU funds
europe1 month ago

Magyar vows to purge Orbán loyalists and unlock EU funds

Hungary's incoming Prime Minister Peter Magyar, after a landslide victory, says Hungary will be a strong European and NATO ally, plans to visit Warsaw, Vienna, and Brussels to unlock billions in frozen EU funds, will join the European Public Prosecutor's Office to tackle financial crime, and promises to restore checks and balances; he calls on President Tamás Sulyok and other Orbán-era officials to resign, signaling a transition with a two-thirds parliamentary mandate.

Hungary ends Orbán era as opposition nears two-thirds majority
world1 month ago

Hungary ends Orbán era as opposition nears two-thirds majority

Viktor Orbán’s 16-year rule ends after a crushing defeat as Péter Magyar’s opposition appears set to win a two-thirds majority in Hungary’s parliament, enabling sweeping judicial, media, and constitutional reforms and the potential unfreezing of EU funds, a development welcomed by Brussels and seen as a major shift away from Orbán’s illiberal model.

EU funds cleared to back cross-border abortion access
europe3 months ago

EU funds cleared to back cross-border abortion access

The European Commission said EU funds from the European Social Fund Plus (ESF+) can be used to improve access to safe and legal abortions for women who cannot obtain them in their home country, in response to the My Voice, My Choice citizens’ initiative which gathered over 1.1 million signatures. Member states may voluntarily use ESF+ to help with travel, access to services at home, or care for those lacking means. No new legal instrument was created; the Commission outlined a concrete pathway to implement the initiative using existing funds. The move comes amid continued variation in abortion laws across the EU, and Parliament had urged a dedicated financing mechanism, which the Commission did not establish.

EU Maintains €18 Billion Freeze on Hungary Over Rule of Law Issues
european-union10 months ago

EU Maintains €18 Billion Freeze on Hungary Over Rule of Law Issues

The EU will keep €18 billion in funds frozen for Hungary due to lack of progress on rule of law reforms, with ongoing concerns about democratic backsliding and civil society restrictions, despite some previous unblocking of funds. The dispute highlights tensions between Brussels and Budapest over legal and political issues, including Hungary's refusal to pay a court-imposed fine.

EU Parliament to Take Legal Action Against Commission Over Hungary's Funds
european-politics2 years ago

EU Parliament to Take Legal Action Against Commission Over Hungary's Funds

The European Parliament's legal affairs committee supports suing the European Commission over unfreezing 10 billion euros for Hungary, accusing the commission of caving to pressure from Hungarian Prime Minister Viktor Orban. The parliament believes Hungary hasn't met rule-of-law thresholds, and the lawsuit is seen as a necessary step to prevent Orban from leveraging the EU. The move aims to reprimand Commission chief Ursula von der Leyen and follows concerns over Hungary's judicial independence and democratic standards. The commission's decision has sparked criticism in the parliament, with 21 billion euros of EU funds for Hungary still frozen until other issues, including corruption and LGBTQ rights, are addressed.