EU Rejects Hungary’s Billion Euro Bid Over Reforms
The European Commission withheld €1 billion in EU aid from Hungary due to ongoing rule-of-law breaches and failures to address corruption, marking a historic first for the EU. This action follows years of pressure on Hungary to reform its public procurement processes and combat conflicts of interest, with deadlines ultimately unmet. The funds, part of a larger €19 billion sum previously frozen, expired at the end of 2024 as per EU conditionality regulations. This decision comes amid concerns about corruption, political financing, and a lack of media independence within the Hungarian government.
John Q. Hosedrinker