Story perspectives

EU Releases €16.4 B Amid Hungary’s $100 B Software Probe

7/16/2026

Summary

Story summary

Hungary’s government forwarded a police report alleging misuse of public funds for software.
Minister Zoltan Tanacs said the review found lack of competition, monopolistic practices and high prices in 100 billion forints.
Prime Minister Viktor Orban denied wrongdoing in 2019 contracts while Prime Minister Peter Magyar pledged a clamp-down on corruption and a probe.
European Commission President Ursula von der Leyen said the EU will unlock €16.4 billion withheld over corruption concerns.

1 of 1

Story summary

Hungary’s government forwarded a police report alleging misuse of public funds for software.
Minister Zoltan Tanacs said the review found lack of competition, monopolistic practices and high prices in 100 billion forints.
Prime Minister Viktor Orban denied wrongdoing in 2019 contracts while Prime Minister Peter Magyar pledged a clamp-down on corruption and a probe.
European Commission President Ursula von der Leyen said the EU will unlock €16.4 billion withheld over corruption concerns.