According to media reports, Hungary permanently lost access to €1 billion in EU funds at the end of last year. However, Minister of EU Affairs János Bóka of Hungary vowed that ‘as long as Hungary has a national and sovereign government, it will not lose a single euro cent’ and that ‘Hungary will use all legal and political means to obtain the remaining funds’ in a Facebook post.
According to Hungarian Finance Minister Mihály Varga, Hungary has received an additional HUF 184 billion from previously frozen EU funds. Varga pointed out that these funds serve as an ex-post contribution to the wage increases for teachers and kindergarten teachers, which were pre-financed from the budget.
Jeremy Wayne Tate, founder and CEO of the Classic Learning Test, replied to a clip of a press conference shared by Florida Governor Ron DeSantis, in which he discusses his state being ranked #1 in education by U.S. News for the second year in a row.
Conservative investor Nelson Peltz was trying to get new members elected to the board of directors at the 3 April shareholders meeting and thus steer the company away from their woke agenda, to no avail. The same woke board members retained their positions, to which the market, expecting a change, did not react well.
Additional previously frozen EU funding is set to reach Hungary, this time totalling more than €70 million. However, more than €20 billion funds are still withheld by Brussels.
This comes in addition to the €10.2 billion of COVID recovery and EU cohesion funds released in December 2023.
According to the report published by Amnesty International, the pro-family policy introduced by the Prime Minister is contrary to human rights, as it discriminates against individuals from the LGBT community and fosters a climate of fear in society.
Didier Reynders told the European Parliament that Hungary will not receive any funds from the Recovery Fund until specific reforms are enacted. The challenge for Hungary lies in the continual imposition of new conditions by Brussels, some of which are impossible to meet.
According to press reports, Donald Trump and Viktor Orbán are scheduled to meet in Florida on 8 March. As the perhaps two most prominent figures of the international right, they are gearing up for crucial elections in 2024, and their alliance is deemed more significant than ever.
Ursula von der Leyen’s recent remarks have confirmed it that the freezing of EU funds to Hungary was never primarily motivated by concerns about the rule of law. The withholding of the funds has rather been used as a tool to impose a leftist agenda on Hungary, including gender ideology and migration.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.
