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EU strips Hungary of €1bn in frozen funds over corruption concerns

Hungary Viktor Orban Corruption European Union Brussels

Hungarian Prime Minister Viktor Orban has faced EU criticism over corruption and democratic standards. AP - Luca Bruno

Hungary has lost one billion euros in European Union funds that were frozen over corruption concerns, marking the first time Brussels has enforced such a penalty.

In 2022, Brussels began "conditionality" proceedings against Hungary, seeking to block disbursements because of alleged infringements linked to public procurement as well as a lack of control and transparency.

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