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EU Unlocks Hungary Funds | €16.4 Billion Deal Announced | Budapest-EU Breakthrough
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157 vistas3me gusta5:13FinancialExpressLanzamiento original: 2026-05-29

The European Union has established a conditionality framework where member states must implement specific governance reforms, including anti-corruption measures, rule-of-law improvements, and protections for academic freedom, to unlock EU cohesion funds; Hungary's recent agreement with the European Commission demonstrates this principle, as the EU unlocked €16.4 billion in funds after Hungary's new government committed to phasing out the Public Interest Trust (PITS) and passing legislation addressing conflict of interest and integrity rules.

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