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Hungary Loses €1.04 Billion in Frozen EU Funds

1/2/2025

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Summary

Story summary

Hungary faces a significant setback, losing access to €1.04 billion in EU funds after failing to tackle serious rule-of-law violations, including corruption. The European Commission has confirmed that Hungary missed crucial reform deadlines, leaving around €19 billion in EU funds still frozen as negotiations remain at a standstill.

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Story summary

Hungary faces a significant setback, losing access to €1.04 billion in EU funds after failing to tackle serious rule-of-law violations, including corruption. The European Commission has confirmed that Hungary missed crucial reform deadlines, leaving around €19 billion in EU funds still frozen as negotiations remain at a standstill.