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Euronews
Euronews
Sandor Zsiros

EU rushes to Budapest talks with Magyar team to unlock frozen funds amid Ukraine tensions

European Union Péter Magyar Ukraine Viktor Orbán Hungary European Commission Commission Paula Pinho Ursula von der Leyen Brussels

European Commission officials will meet Péter Magyar’s incoming team on Friday, as Brussels races against time to release EU funds that have been frozen during the current Orbán administration.

Magyar secured a sweeping victory in last Sunday's election, ending Viktor Orbán's 16-year rule. A key campaign pledge was to restore Hungary's ties with the EU and unblock billions in funding that had been withheld over rule-of-law and corruption concerns. Of the €27bn earmarked for Hungary, €17bn remains frozen.

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