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Reuters
Reuters
Business
By Krisztina Than

Hungary government submits first anti-graft bill to avoid losing EU funds

Corruption Viktor Orban European Union Budapest Euro Hungary Mujtaba Rahman Zoltan Kovacs Commission Europe
FILE PHOTO: Prime Minister of Hungary Viktor Orban waves at the audience during general session at the Conservative Political Action Conference (CPAC) in Dallas, Texas, U.S., August 4, 2022. REUTERS/Go Nakamura/

Hungary's government has submitted the first of several anti-corruption bills to parliament on Monday as Budapest scrambles to avoid losing billions of euros in European Union funding.

The European Union executive recommended on Sunday suspending funds worth 7.5 billion euros ($7.48 billion) for what it sees as Hungary's failure to combat corruption and uphold the rule of law.

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