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Brussels releases €10 billion in frozen EU funds for Hungary amid Orbán's threats

The European Union has granted Hungary access to 10.2 billion euros in frozen funds, after concerns about democratic backsliding by Prime Minister Viktor Orban's government were addressed.
The funds mainly consist of "cohesion funds" for maintaining infrastructure at EU standards, and the European Commission will closely monitor Hungary's compliance.
Hungary's ailing economy, which narrowly avoided four straight quarters of contraction, will benefit from the access to frozen funds.

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