The European Commission has approved €900 million in advance payments to Hungary as part of its still-frozen share of the recovery funds. The EU is trying to overcome Budapest's veto on aid to Ukraine. This was reported by Reuters.
Earlier, the European Commission excluded Hungary from the bloc's post-pandemic economic stimulus due to concerns about corruption and the abandonment of democratic checks and balances under the leadership of Prime Minister Viktor Orban.
The EU allocates 900 million euros to Hungary: Steps to unblock financial aid for Ukraine
- Economics
- 23 November 2023 -16:40
-
394 views
The EU allocates 900 million euros to Hungary: Steps to unblock financial aid for Ukraine
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The European Commission has approved €900 million in advance payments to Hungary as part of its still-frozen share of the recovery funds. The EU is trying to overcome Budapest's veto on aid to Ukraine. This was reported by Reuters.
Earlier, the European Commission excluded Hungary from the bloc's post-pandemic economic stimulus due to concerns about corruption and the abandonment of democratic checks and balances under the leadership of Prime Minister Viktor Orban.