The European Union has approved Hungary's access to €10 billion in funding due to the belief that the government is meeting its commitments to restoring the rule of law.
In a statement, the European Commission said the unfrozen funds amounted to about a third of the amount the EU froze in 2022. This came as the EU acknowledged problems with corruption and the rule of law in Hungary.
The European Commission noted that the Hungarian government has adopted laws aimed at strengthening the independence of the court. This made it possible to lift the block on funding for Hungary from the European budget.
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At the same time, the European Commission set the condition for the actual provision of unfrozen funds to Hungary through publication in official media and the entry into force of adopted laws that restore the rule of law.
The European Commission decided to postpone for now the issue of opening for Hungary access to other frozen funding (about €21 billion). This will not be considered until there is a real assessment of the resolution of the problems that caused the blocking of funds.
Earlier, Hungarian Prime Minister Viktor Orbán said Hungary needed to resume funding before he would consider backing the European Union's €50 billion aid package for Ukraine.
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