The European Commission decided on Wednesday 30 November to maintain the measures proposed in mid-September to suspend €7.5 billion of EU cohesion funds for Hungary (see EUROPE B13024A9), on the grounds that the country does not respect the principles of the Rule of law.
At the same time, the EU institution decided to validate Hungary’s post-Covid-19 recovery plan with €5.8 billion in grants only. The plan includes 27 ‘super milestones’, which include the 17...