The must-have newsletter about Hungary

EU COMMISSIONER: IF SITUATION IN HUNGARY WORSENS, EC COULD BLOCK FUNDS AGAIN

 

If the situation regarding the rule of law worsens in Hungary, the European Commission could block funds to the country again, European Commissioner for Values and Transparency Vera Jourová said in Brussels, adding that “this is a dynamic process”. “Blockage of money always comes when the country does not fulfil something,” Jourová said, arriving at a meeting of the General Affairs Council. “And in the case of Hungary, it was the lack of certainty that the corruption and fraud has been prosecuted sufficiently. So, once Hungary started to reform the justice system, we started to release the money.”
The Financial Times on Monday said that under a secret plan drawn up by Brussels, if EU leaders failed to reach an agreement on a 50 billion euro aid package to Ukraine at this week’s special summit, EU member states would publicly declare that “they cannot imagine” that Hungary would receive the funds it is owed.