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EC representative Keersmaeker: The European Union has unfrozen about 2 billion euros for Hungary – Rossiyskaya Gazeta

Date: July 27, 2024 Time: 10:23:32

According to him, the decision to unlock the funds was made after Hungary met conditions related to education and gender equality, TASS reports.

Last December, the European Union announced that it would transfer €10.2 billion from its cohesion fund to Hungary, which will be used for the development of the territories. At the same time, Brussels continued to block some 20 billion euros, claiming that Budapest did not meet all the conditions to receive them.

Hungary, which is seeking to unfreeze the funds, accused EU leaders of trying to withhold them for political reasons as Brussels dislikes the country’s independent politics, including its approach to the conflict in Ukraine.

Earlier, Hungarian Prime Minister Balazs Orban’s political adviser said EU leaders had declared their readiness to damage the Hungarian economy if Budapest refused to approve funding for Ukraine. At the same time, he stressed that Hungary has a strong economy and Budapest “is not afraid of threats.”

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Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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