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Commission proposes funding cut for Hungary but opens compromise path

Summary by Ground News

EU Budget Commissioner Johannes Hahn said that despite measures Hungary has proposed to address the deficiencies, the European Commission is recommending the suspension of funds. Any action to suspend the funds must be approved by EU's 27 member countries, and this requires a 55% majority. The European Commission has accused Hungarian Prime Minister Viktor Orban of dismantling democratic institutions.

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The Columbian

EU proposes to suspend billions in funds to Hungary

BRUSSELS — The European Union’s executive branch recommended Sunday that the bloc suspend around 7.5 billion euros (dollars) in funding to Hungary over concerns about democratic backsliding and the possible mismanagement of EU money.The European Commission, which proposes the bloc’s laws and ensures that they are respected, said it was acting “to ensure the protection of the EU budget and the financial interests of the EU against breaches of the…

2 years ago·Vancouver, United States

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CGTN

EU executive wants to withhold $7.5bn funds to Hungary over corruption concerns

The EU has declared Hungary is 'no longer a functioning democracy'

2 years ago·Beijing, China

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HuffPost

EU Proposes To Suspend Billions In Funds To Hungary

In a resolution on Thursday, EU lawmakers said that Hungary’s nationalist government is deliberately trying to undermine the bloc’s democratic values.

2 years ago·United States

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Business Standard

EU recommends withholding funds for Hungary over graft concerns

The European Commission has today proposed budget protection measures to the Council under the conditionality regulation

2 years ago·India

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EURACTIV

EU Commission proposes to cut €7.5 billion funding to Hungary

Citing worries over corruption in Hungary, the European Commission agreed on Sunday (18 September) to suspend one-third of the cohesion funds allocated to the country if its reform efforts remain insufficient in the coming two months.

2 years ago·Brussels, Belgium

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