European Commission unfreezes billions in funds for Hungary

 

The European Commission allowed on Wednesday the release of €10 billion in cohesion funds for Hungary, Paralel.Az reports citing Euronews.

This means the Hungarian government will be able to submit reimbursement requests of up to €10.2 billion to finance development projects across the country.

All three high-stakes issues will be discussed later this week during a two-day summit of EU leaders. Unanimity is required to move them forward.

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