Following the update of the European Commission’s assessment (see EUROPE B13081A13), the Council of the European Union reached a deal, on Monday 12 December by a qualified majority of Member States, on the suspension of 6.3 billion euros of EU cohesion policy funds for Hungary, due to continuing concerns about the protection of the EU’s financial interests in that country.
Four issues were politically linked: - the protection of the EU’s financial interests in Hungary; - the Hungarian...