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Euronews
Euronews
Sandor Zsiros

EU set to greenlight Hungary's €10 billion recovery envelope

EU finance ministers are expected to approve Hungary's revised National Recovery Plan on Friday at the ECOFIN meeting, paving the way for Budapest to withdraw €10 billion in post-pandemic recovery funds once it fulfils all remaining conditions.

For years, a large share of the recovery and cohesion funds earmarked for Hungary has been withheld by Brussels over concerns about systemic corruption risks.

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