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" by newly elected Prime Minister Peter Magyar. The EU had frozen the funds while the country was under the leadership of nationalist premier Viktor Orban, accusing Budapest of corruption and democratic backsliding.
EU to unlock 16 billion euros for Hungary as Magyar pushes ahead with post-Orban reforms
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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