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Reuters
Reuters
Business
By Krisztina Than and Gabriela Baczynska

Hungary passes anti-graft law to avoid loss of EU funds

FILE PHOTO: Hungarian Prime Minister Viktor Orban attends the autumn session of parliament in Budapest, Hungary, September 26, 2022. REUTERS/Bernadett Szabo/File Photo

Hungary's parliament passed the first of a series of anti-corruption bills on Monday as Budapest seeks to avoid a loss of European Union funds at a time when its economy is headed into recession and the forint has plunged to record lows.

Prime Minister Viktor Orban's ruling Fidesz party passed an amendment to the criminal code to set up a procedure concerning criminal offences related to the management of public property, allowing a judicial review in case an investigation is closed without indictment or a crime report is dismissed.

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