Hungary's Magyar to meet EU's von der Leyen for talks on EU funds this week
Magyar seeks a political deal to unlock more than €10 billion in frozen EU support as Hungary faces an end-August deadline.
- Incoming Hungarian Prime Minister Peter Magyar will travel to Brussels on Wednesday for informal talks with European Commission President Ursula von der Leyen to unblock frozen pandemic recovery funds.
- Magyar aims to resolve long-standing disputes that froze billions in funding during Prime Minister Viktor Orban's 16-year rule, which ended following the April 12 election victory.
- Hungary must meet conditions by end-August to secure over EUR 10 billion in pandemic recovery support, critical for stabilizing finances after three years of economic stagnation.
- Members of the Tisza Party's prospective cabinet, including Anita Orbán and András Kapitány, are already in Brussels engaging with EU officials to rebuild trust and secure funding for key sectors.
- Financial markets rallied on Magyar's victory, with the leader stressing "There is no time to waste" as his government pursues reforms to restore media and academic freedoms.
25 Articles
25 Articles
Magyar to meet von der Leyen as Hungary races to access cash
Incoming Hungarian Prime Minister lands in Brussels for what is described as "informal, but urgent talks" with Commission chief von der Leyen. Budapest is facing a tight deadline to unlock EU funding choked during the Orbán era.
"We don't have time to waste": Magyar meets with Von der Leyen to unlock 17 billion of the PRR and funds from the SAFE programme, but Brussels is alert to the restoration of the rule of law.
Peter Magyar, Hungary's Future Prime Minister, Goes to Brussels for Talks on the Release of Eu Funds
The future Prime Minister of Hungary, Péter Magyar, will travel to Brussels on Wednesday for urgent talks with the President of the European Commission, Ursula von der Leyen, in his effort to unlock EU funds worth billions of euros. "I will travel...
Hungary's Magyar to meet EU's von der Leyen for talks on EU funds this week
Hungary's incoming prime minister Peter Magyar said on Sunday he would go to Brussels on Wednesday for informal talks with European Commission President Ursula von der Leyen to unblock funds frozen by the bloc over disputes with his predecessor.
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