After months of negotiations, Brussels is ready to allow Budapest to gain about 550 million euros.
The European Commission plans to -Defrost about 550 million euros from EU funds for Hungary to overcome Prime Minister Viktor Orban’s fight against a new package of sanctions against Russia. Financial Times reported this reference to resources.
According to the publication, Brussels has been talking to Budapest for months. Earlier in May, Hungary demanded 605 million euros as part of an intermediate EU budget revision. Now the European Commission is ready to allow the country about 550 million euros.
Hungary and Slovakia remain the last EU countries that continue to import Russian oil. Orban has repeatedly blocked anti -russian penalties, focusing on it with hope for cheap energy sources.
Generally, in 2022, the EU was frozen about 22 billion euros for Budapest due to problems with the high -law and independence of the courts. Some of these funds gradually erupted in exchange for political concessions: In 2023, Hungary received 10 billion euros, and at the beginning of this year -another 157 million euros.
Remember, on September 19, European Commission President Ursula Von der Lyain announced proposals for 19 a pack of sanctions against Russia. New restrictions are proposed to be introduced in the field of shadow and fleet of the shadow, against financial loopholes and direct exports of goods and technologies.
American Republican Lindsay Graham said Hungary and Slovakia could find consequences if they did not stop buying Russia’s oil.
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Source: korrespondent

I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.