Tag

Eu Funds

All articles tagged with #eu funds

world5 days ago•3 min saved

Le Pen cleared to run with ankle monitor after French court ruling

France’s Paris appeals court reduced Marine Le Pen’s ban on holding public office to one year while upholding the conviction for misusing EU funds, and ordered an electronic ankle tag for 12 months. Le Pen said she would not run if the tag prevented campaigning, leaving a possible path to a 2027 bid if she can campaign freely, with her National Rally leader Bardella voicing support. A Court of Cassation appeal remains a potential step.

via NBC News|

#ankle-monitor #eu-funds #france

world10 days ago

Hungary's incoming PM seeks quick EU funds release after landslide win

Hungary's incoming prime minister Péter Magyar says frozen EU funds will be paid out soon and he will meet EU leaders in Brussels for the first time since his Tisza party's landslide victory.

via BBC|

#brussels #eu-funds #european-union

world1 month ago•3 min saved

Magyar pursues constitutional purge of Orbán-era appointees

Hungary’s new prime minister Péter Magyar vows to amend the constitution to remove most of Viktor Orbán’s appointees, including president Tamás Sulyok, in a bid to restore the rule of law and democracy as Hungary seeks to unlock EU funds. Sulyok resists stepping down and may seek input from the Venice Commission, while Magyar uses his party’s supermajority to target other Orbán-era bodies such as the constitutional court, State Audit Office, and media regulator, with the central bank governor Mihály Varga remaining in place to preserve independence.

via Financial Times|

#eu-funds #peter-magyar #rule-of-law

world1 month ago•3 min saved

Hungarian PM Moves to Strip Ceremonial President in Constitutional Clash

New Hungarian Prime Minister Péter Magyar pledges to amend the constitution to remove President Tamás Sulyok, who was installed by Orbán’s party and refuses to resign, risking a constitutional clash with the previous regime and potentially threatening EU funding tied to reforms, while the government pushes an eight-year cap on prime ministers.

via BBC|

#constitutional-crisis #eu-funds #hungary

world1 month ago•3 min saved

Hungarian PM Moves to Oust President with Constitutional Change Amid EU Funds Talks

Hungarian Prime Minister Péter Magyar pledged to push a constitutional amendment to remove President Tamás Sulyok after a May 31 resignation deadline; Sulyok refused, citing the dignity of the presidential mandate as his term runs to 2029. The move risks a constitutional crisis even as Brussels links EU funds to reform pushes, though EU officials called any deal primarily a political direction rather than a formal funding decision.

via politico.eu|

#constitution #eu-funds #hungary

europe1 month ago•4 min saved

Brussels releases €16.4B in EU funds to Hungary after Magyar deal

Brussels and Hungary reached an agreement to unblock €16.4 billion of frozen EU funds, with €10 billion from the Recovery and Resilience Facility and €4.2 billion plus €2.2 billion from cohesion funds, contingent on Hungary meeting 27 'super-milestones' tied to rule-of-law and governance reforms. The money will fund transport infrastructure, healthcare, SMEs, education and energy-grid upgrades, and Erasmus+ will be available for students. Hungary’s unfreezing follows PM Péter Magyar’s victory and is not linked to Ukraine talks, though it requires guarantees on minority rights; failure to meet milestones could jeopardize parts of the funding.

via Euronews|

#eu-funds #europe #european-commission

europe1 month ago•1 min saved

EU unlocks €16.4B for Hungary after reforms pledge

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.

via Euractiv|

#cohesion-funds #eu-funds #europe

europe1 month ago•5 min saved

EU unlocks Hungary’s frozen funds as Kyiv’s EU path stays murky

The EU will release 16.4 billion euros of frozen funds to Hungary (10 billion now, 6.4 billion later) after talks in Brussels between PM Peter Magyar and EC President Ursula von der Leyen. Officials say the unfreezing is not linked to Ukraine’s accession, which is expected to proceed around mid-June if Hungary lifts its veto. Negotiations over Hungary’s minority rights in Ukraine continue (nine of eleven demands reportedly met), with Zelensky’s meeting on hold until a settlement is reached, and the process framed as merit-based by the EU.

via The Kyiv Independent|

#eu-accession #eu-funds #europe

politics1 month ago•6 min saved

Magyar’s EU fund push runs into Brussels reform reality

Brussels is cautiously engaging with Hungary’s new prime minister Péter Magyar to unlock roughly €10.4 billion in post-pandemic EU funds, insisting that concrete reforms — notably in judiciary, anti-corruption safeguards, and public procurement — must be completed before disbursement. While some progress is expected in talks ahead of a meeting with Ursula von der Leyen, EU officials warn the process isn’t simple and a ruling by the European Court of Justice on a previous fund release could complicate matters; Hungary also faces the risk of constitutional friction if reforms threaten Orbán-era positions, complicating a potential break with Brussels. The situation mirrors Poland’s mixed track record and shows the EU’s preference to see real changes before releasing money.}

via politico.eu|

#eu-funds #european-union #hungary

europe2 months ago•121 min saved

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.

via The Kyiv Independent|

#eu-funds #europe #european-union

world2 months ago•3 min saved

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.

via politico.eu|

#eu-funds #hungary-ukraine-relations #oschadbank

politics2 months ago•3 min saved

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.

via Al Jazeera|

#coalition #eu-funds #no-confidence

politics2 months ago•3 min saved

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.

via politico.eu|

#eu-funds #hungary #peter-magyar

world2 months ago•4 min saved

Magyar pushes reopening Druzhba if operable, ties to EU funds and ICC stance

Incoming Hungarian PM Péter Magyar says the Druzhba oil pipeline should be reopened if operable, urging Russia to supply oil and warning against European concessions; he also outlines EU fund renegotiation, reaffirmed Hungary’s intention to stay in the ICC, and touched on related moves such as inviting Netanyahu to Budapest.

via Euronews.com|

#druzhba-pipeline #eu-funds #hungary

europe2 months ago•5 min saved

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.

via Euronews.com|

#brussels #eu-funds #europe