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Hungary unlocks €16.4 billion in frozen EU funds
Hungary has successfully met all European Union requirements to unlock frozen funds, according to Prime Minister Péter Magyar and Transport and Investment Minister Dávid Vitézy. The achievement allows the country to access approximately €16.4 billion in total EU funding, which includes €10 billion from the Recovery and Resilience Facility and €6.4 billion from Cohesion Funds.
To reach this milestone, the Hungarian Parliament passed over 100 laws during the summer aimed at strengthening judicial independence and enhancing anti-corruption measures. The government also revised its National Recovery Plan to include modernization efforts for the energy grid, railways, and rental housing stock.
Minister Vitézy confirmed that all 27 super-milestones and over 100 related conditions have been fulfilled. The release of these funds follows years of blockage due to concerns regarding the rule of law and financial oversight.
Entities
Dávid Vitézy · European Commission · European Union · Hungarian Parliament · Hungary · KDNP · Peter Magyar · Tisza Party · Ursula von der Leyen · Zsuzsa Máthé
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] The revised National Recovery Plan includes measures to modernize the energy grid, railways, and rental housing stock. www.euronews.com · tocka.com.mk · zoom.mk
- [● 5 SOURCES] The Hungarian Parliament amended over 100 laws during the summer to strengthen judicial independence and combat corruption. www.euronews.com · 10perc.hu · tocka.com.mk · zoom.mk
- [● 3 SOURCES] Prime Minister Péter Magyar stated that Hungary has met all European Union requirements to access EU funding by the deadline. dailynewshungary.com · www.europesays.com · nlc.hu
- [● 7 SOURCES] A total of €16.4 billion in previously frozen EU funds is at stake, consisting of €10 billion from the Recovery and Resilience Facility and €6.4 billion from Cohesion Funds. dailynewshungary.com · www.euronews.com · www.europesays.com · 10perc.hu · tocka.com.mk · +1 more
- [● 8 SOURCES] Transport and Investment Minister Dávid Vitézy announced that Hungary has fulfilled all milestones required to receive the full €10 billion in post-coronavirus recovery funds. www.euronews.com · 10perc.hu · nlc.hu · tocka.com.mk · zoom.mk
- [● 5 SOURCES] To access the funds, Hungary was required to meet 27 super-milestones and more than 100 related conditions regarding judicial independence and anti-corruption. www.euronews.com · 10perc.hu · tocka.com.mk · zoom.mk