European Commission unfreezes billions in funds for Hungary

European Commission unfreezes billions in funds for Hungary
# 13 December 2023 20:46 (UTC +04:00)

The European Commission allowed on Wednesday the release of €10 billion in cohesion funds for Hungary, APA reports citing Euronews.

This means the Hungarian government will be able to submit reimbursement requests of up to €10.2 billion to finance development projects across the country.

All three high-stakes issues will be discussed later this week during a two-day summit of EU leaders. Unanimity is required to move them forward.

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