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Hungary. Brussels freezes funds promised to Budapest

From our correspondent in Brussels

No progress in the independence of justice or the fight against corruption, no European money. After months of discussions with the Hungarian government, the Commission continued its threats. The European executive proposed on Wednesday to suspend the approximately 13 billion euros promised in Budapest. And that, until the Hungarian government has implemented the essential reforms demanded by Brussels. “All our assessments are based on facts, figures and not feelings, assumptions”justified the commissioner responsible for the budget, Johannes Hahn.

This is a major setback for Prime Minister Viktor Orbán, when Budapest thought it could twist Brussels’ arm by multiplying its vetoes on important documents for the EU, in particular the global minimum tax for multinational companies or even macro-financial assistance. 18 billion euros promised to Ukraine for 2023, which requires a unanimous vote…

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Source: Le Figaro

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