EU to unlock 16 billion euros for Hungary as Magyar pushes ahead with post-Orban reforms
The European Union will unlock more than €16 billion in frozen funds for Hungary, EU chief Ursula von der Leyen said Friday, praising what she described as "long overdue reforms" by newly elected Prime Minister Peter Magyar.
The EU had frozen the funds while the country was under the leadership of nationalist premier Viktor Orban, accusing Budapest of corruption and democratic backsliding.
- EU to release billions in frozen funds for Hungary amid Magyar reforms Al Jazeera —
- Seeking to unblock EU funds, Hungary's Magyar meets with EU leadership in Brussels ABC News —
- EU to Unlock €10 Billion of Frozen Funds to Hungary Bloomberg —
- Magyar on Cusp of Sealing Deal on EU Funds in Hungary Budget Win Bloomberg —
- Hungary's PM says he will conclude political deal on EU funds with von der Leyen The Straits Times —