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2026-05-29T19:21:29.000Z

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EU allocates 16 billion euros to Hungary after Orban

EU allocates 16 billion euros to Hungary after Orban

The European Commission announced the release of approximately 16 billion euros to Hungary from frozen funds, on the condition that Prime Minister Viktor Orbán's government implements reforms related to the rule of law and anti-corruption measures. Out of this total, 10 billion euros will be disbursed through the "NextGenerationEU" recovery instrument, and 4.2 billion euros through the instrument for reducing economic and social disparities. Brussels expressed satisfaction with the progress made by the new government in executing these reforms. This decision comes after years of funds being frozen due to Viktor Orbán's policies concerning human rights and conflicts with European standards.

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