European Commission To Unblock Funds For Hungary

The European Commission has proposed that the Council of the EU unblock funds allocated to Hungary and allow the country to rejoin the Erasmus+ and Horizon Europe programs. If approved, the decision would give Budapest access to €4.2 billion.

The funds were blocked at the end of 2022, when the Council, acting on a proposal from the European Commission, responded to violations of the rule-of-law principles in Hungary. The violations concerned public procurement, criminal prosecution, conflicts of interest, the fight against corruption and public-interest trusts.

After Péter Magyar’s victory in the parliamentary elections and Viktor Orbán’s departure this year, the violations were remedied, as confirmed by the European Commission.