EU Unfreezes $10 Billion for Hungary, But Additional Funds Remain Frozen Amid Rule-of-Law Dispute
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The EU has unfrozen €10 billion in cohesion funds for Hungary after the country passed judicial reforms, although concerns remain about their effectiveness.
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Hungary still does not have access to over €11 billion in additional EU funds frozen over rule-of-law concerns.
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Hungary's COVID-19 recovery fund worth €10.4 billion also remains frozen. Only €920 million has been paid out so far.
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Orbán is threatening to veto Ukraine-related measures at an EU summit this week as he pushes for full access to Hungary's EU funds.
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The European Commission denies its decision on cohesion funds is linked to Orbán's threats, but his aide has suggested the issues could become "linked".