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Reuters
Reuters
Business
By Gabriela Baczynska

EU cautious on Hungary's 'charm offensive' as billions of funds hang in balance -sources

FILE PHOTO: European Union flags flutter outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, April 26, 2018. REUTERS/Kai Pfaffenbach/File Photo

The European Commission wants to see more action from Hungary on stepping up anti-corruption safeguards before Brussels agrees to unlock EU funds, EU sources said.

One source called Budapest's efforts to secure funds a "charm offensive" but said there had been no "immediate breakthrough" in talks on the issue last week between EU officials and Hungarian Justice Minister Judit Varga.

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