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EU Commission releases blocked billions for Hungary

The European Commission is releasing ten billion euros in frozen EU funds for Hungary - despite ongoing criticism of the rule of law in the country. The Brussels authority justified the move on Wednesday by stating that Hungary had fulfilled the necessary requirements. Other budget funds...

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EU Commission releases blocked billions for Hungary

The European Commission is releasing ten billion euros in frozen EU funds for Hungary - despite ongoing criticism of the rule of law in the country. The Brussels authority justified the move on Wednesday by stating that Hungary had fulfilled the necessary requirements. Other budget funds amounting to almost twelve billion euros and billions in coronavirus aid remain blocked, as the German press agency Deutsche Presse-Agentur has learned from Commission sources.

Read also:

  1. Despite the European Commission's release of ten billion euros in frozen EU funds for Hungary, criticisms about the rule of law in the country continue to persist within the EU Commission.
  2. The European Commission, headquartered in Brussels, announced on Wednesday that Hungary had fulfilled the necessary requirements to unlock the frozen funds.
  3. The EU Commission's decision to release funds to Hungary has sparked discussions about the EU's role in enforcing justice and financial accountability within its member states.
  4. The remaining budget funds for Hungary, amounting to almost twelve billion euros, along with billions in coronavirus aid, remain blocked by the EU Commission due to concerns about Hungary's adherence to EU financial regulations.

Source: www.stern.de

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