EU Unlocks Hungary Funds | €16.4 Billion Deal Announced | Budapest-EU Breakthrough

Added: 2026-05-30

[00:01:17]Good afternoon and welcome to I'm very happy to announce today that we can unlock 10 billion euros for Hungary.

[00:01:32]>> Thank you. Now, before taking a >> With the progress on the super milestones, we have also been able to unlock the conditionality related cohesion funds worth 4.2 billion euros.

[00:01:47]>> After this press points, you'll be able to ask all your technical questions to our >> We have also made great progress on the protection of fundamental rights in Hungary, notably on academic freedom.

[00:02:03]Hungary will gradually phase out the public interest trust, the PITS, and pass legislation to address concerns about conflict of interest and integrity rules. This is a big step forward, long awaited, the academic freedom, and therefore this will unlock another 2.2 billion euros of cohesion funds for Hungary.

[00:02:28]>> Uh Sandor Vitalis is all we freedom TV channel.

[00:02:33]You know, we just started the negotiations 5 weeks ago, and now we are here just after 3 weeks the new Hungarian government was formed, and we have achieved already a historic breakthrough, an agreement really really important for the Hungarian people, for my beloved country, Hungary.

[00:02:56]Many thanks. We are very grateful, and we are ready to continuing cooperating together in the interest of the Hungarian people and all the European citizens.

[00:03:07]>> Sandor.

[00:03:12]>> Your government is moving with speed and determination to deliver on the promises you have made to the Hungarian people.

[00:03:22]To kick-start the economic recovery, to fight corruption, and to restore the rule of law.

[00:03:31]And in very short time, we already have concrete progress to share.

[00:03:40]These are strong signals that Hungary is turning the page.

[00:03:45]In only a few weeks you have driven forward long overdue reforms, reforms for the benefit of Hungary, and reforms for the benefit of the European Union.

[00:03:58]>> Please, we made a good deal.

[00:04:00]>> Yeah.

[00:04:01]>> Madam President, we have reached an agreement with the European Commission on all issues as stated there, which allow the Hungarian people to have access to the resources they deserve.

[00:04:12]Dining room, how will Hungary meet all the conditions in 3 months because more?

[00:04:23]On April 12th, as the president mentioned, the Hungarian people gave unprecedented political authority to the new Hungarian government, the Tisa government.

[00:04:34]They also gave us the authority, among other things, to bring these funds home and to finally start up the Hungarian economy, the Hungarian economy that has not been able to grow for 4 years, the economy with the highest inflation in Europe.

[00:04:49]Where we are struggling every day to keep public services from collapsing.

[00:04:54]>> So, thank you. Thank you very much.

[00:04:56]And thank you Prime Minister, President, and as said, we