Financial Times • May 29, 2026 14:53

EU agrees to unlock Hungary’s frozen funds

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Péter Magyar strikes political agreement with European Commission for €16bn blocked over graft concerns

Story Timeline

Wed 18:16 - Euronews

Hungary's Magyar heads to Brussels to reset EU ties and unlock frozen funds

Fri 06:30 - Euronews

Magyar says Hungary and EU 'close to a deal' on releasing frozen cash ahead of crunch meeting

Fri 13:22 - Euronews

Hungary unlocks €16.4bn in EU funds after Magyar secures deal with Brussels

Fri 14:26 - France 24

EU to unlock 16 billion euros for Hungary as Magyar pushes ahead with post-Orban reforms

Fri 14:53 - Financial Times

EU agrees to unlock Hungary’s frozen funds

Fri 15:16 - The Guardian

€16.4bn in funds unlocked for Hungary as part of deal with EU, Magyar says – Europe live

Different Perspectives

Euronews

3 articles

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13:22

Hungary unlocks €16.4bn in EU funds after Magyar secures deal with Brussels

Hungarian Prime Minister Péter Magyar reached an agreement with the European Commission to unblock nearly all recovery and cohesion funds that had been frozen under his predecessor, Viktor Orbán.

06:30

Magyar says Hungary and EU 'close to a deal' on releasing frozen cash ahead of crunch meeting

Hungarian negotiators are making a last-minute push to secure as much as possible from the €17 billion frozen EU funds, as Péter Magyar prepares to meet European Commission President Ursula …

18:16

Hungary's Magyar heads to Brussels to reset EU ties and unlock frozen funds

Hungarian Prime Minister Péter Magyar will travel to Brussels for meetings that include a reset agreement with European Commission President Ursula von der Leyen, as Budapest seeks to unlock €10 …

France 24

1 article

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14:26

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" …

The Guardian

1 article

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15:16

€16.4bn in funds unlocked for Hungary as part of deal with EU, Magyar says – Europe live

Magyar says the negotiations continued last night and early this morning, with total funds equivalent to about 13% of Hungary’s state budgetThe incident comes just days after the Czech president, …