Hungarian Conservative

Tag: Cohesion Fund

The European Parliament is seriously considering legal action against the European Commission regarding the allocation of EU funds to Hungary. Despite Brussels releasing €10.2 billion last December, over €20 billion
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.
Despite constant criticism from the left, Hungary is one of the few EU countries that have managed to fully draw down the EU funds for the 2014–2020 period. The €32.08
State Secretary for European Affairs János Bóka is confident that about one-third, €13 billion, of the withheld EU funds will be received by Hungary by 2027. The London-based Financial Times,