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EU unlocks €4.2bn for Hungary after rule-of-law improvements under Magyar

Von der Leyen approves release of frozen cohesion funds and restores Erasmus+, Horizon Europe access following Budapest's reforms.

newest coverage 21h agosummary written 20h ago6 pieces7 likes & upvotes NewswiresMastodonRedditGoogle News

What to know

  • The Commission unfroze €4.2 billion in cohesion funds frozen since 2022 under Orbán, now approving Magyar's government as meeting EU rule-of-law standards.
  • Hungary regains access to Erasmus+ student exchange and Horizon Europe research funding alongside the fund release.

“The European Commission has unlocked €4.2 billion in cohesion funds for Hungary and reopened Erasmus+ and Horizon Europe access, after PM Péter Magyar's government met EU rule-of-law conditions.”

Euronews · Euronews ↗

Ursula von der LeyenUrsula von der Leyen European Commission PresidentPéter Magyar Hungarian Prime Minister

EU unlocks €4.2bn for Hungary after rule-of-law improvements under Magyar
euronews.com

How it unfolded 1 development · click the chart to see its coverage articlesposts

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  1. 1

    1. 2 outlets first by Euronews.com, 23h ago · also Euronews · read ↗

    • mf_newsdigest@mastodon.mediafaro.org

      Von der Leyen says Hungary ‘strengthened the rule of law’ and unlocks €4.2bn in EU funding. The European Commission has unlocked €4.2 billion in cohesion funds for Hungary and reopened Erasmus+ and Horizon Europe access, after PM Péter Magyar’s government met EU rule-of-law conditions. Brussels froze the funds in 2022 over corruption and…

      mf_newsdigest@mastodon.mediafaro.orgMastodon21h agoview on Mastodon ↗
  2. background

    EU freezes €6.3bn in cohesion funds for Hungary over rule-of-law concerns — Brussels suspended €6.3 billion in cohesion funding to Hungary under the conditionality mechanism due to corruption and procurement concerns under the Orbán government.