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[POLITICS] · Hungary · 4 sources

Hungary submits law package to unlock €16.4 bn EU recovery funds

On Tuesday the Hungarian parliament received a 110‑page legislative package aimed at meeting the European Union’s Recovery and Resilience Plan conditions and releasing about €16.4 billion (roughly 6 trillion forints, about 13 % of the state budget) of EU funding. The draft, presented by Ruff Bálint, minister overseeing the Prime Minister’s Office, includes stricter wealth‑declaration rules, expanded powers for the Integrity Authority to examine relatives’ assets, and new penalties for corruption. It also proposes the dissolution of public‑interest asset‑management foundations and the creation of a transparent online database of public expenditures.

The package aligns with an agreement reached between Prime Minister Peter Magyar and European Commission President Ursula von der Leyen on unlocking the funds. Justice Minister Görög Márta is listed as a co‑sponsor, and the government describes the reforms as “historic” in facilitating the release of EU resources for health, social, environmental, transport and SME projects.