
Hungary: EU Commission wants to withhold EU funding
In an unprecedented move, the EU Commission has proposed freezing the 65 percent of the EU cohesion funds for Hungary, namely 7.5 billion euro, over concerns about rule of law. On the other side, European Commission officials conditionally approved Budapest’s 5.8-billion-euro recovery plan. Now, it will up to the EU member states to decide on both issues that could come with high political stakes.