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The Government Could Gain Another 2,300 Billion Forints From the EU Within Weeks

Summary by Portfolio
The government led by Péter Magyar will send the European Commission the self-assessment required to close the conditionality procedure in early September, which could pave the way for the release of the blocked 4.2 billion euros of cohesion funds, the Prime Minister's Office led by Bálint Ruff told Portfolio. The submission of the self-assessment regarding academic freedom is expected in October, so the release of the additional 2.2 billion eur…

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The government led by Péter Magyar will send the European Commission the self-assessment required to close the conditionality procedure in early September, which could pave the way for the release of the blocked 4.2 billion euros of cohesion funds, the Prime Minister's Office led by Bálint Ruff told Portfolio. The submission of the self-assessment regarding academic freedom is expected in October, so the release of the additional 2.2 billion eur…

·Budapest, Hungary
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The government will send Brussels in early September the self-assessment, the adoption of which could pave the way for 4.2 billion euros of frozen cohesion money. In the case of the additional 2.2 billion euros package, the Hungarian submission may follow in October, the two items together represent about 2300 billion forints. At the request of Portfolio, the Prime Minister's Office, headed by Bálint Ruff, announced that the written notification…

In early September and October, a report will be sent to the European Commission for the repatriation of the frozen funds.

·Hungary
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The government led by Péter Magyar will submit to the European Commission in early September a self-assessment that could allow the release of 4.2 billion euros (about 1,500 billion forints) of frozen cohesion funds. Following the rule of law commitments made in August and the entry into force of new legislation, the cabinet expects Brussels to propose lifting the sanctions within weeks, while a further 2.2 billion euros could become available f…

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Portfolio broke the news in Budapest, Hungary on Monday, September 7, 2026.
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