EU and Hungary: Time to Hold Firm

The dispute between EU states and wayward Hungary over the latter’s failure to defend the rule of law and protect EU funding from misappropriation has finally come to a head. On Wednesday the European Commission proposed to put on hold EU payments to Hungary worth up to €13.3 billion in Covid recovery and cohesion funding, pending the implementation by Budapest of legal and financial reforms that Brussels deems necessary to bring the country into conformity with EU standards.

 

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