One billion euros of frozen European funds intended for Hungary were definitively lost on 1 January. The Member State had two years, until the end of 2024, to introduce reforms in the fight against corruption and conflicts of interest, after being accused by the EU of violating the Rule of law.
The EU Council triggered the conditionality mechanism in December 2022. 55% of budgetary commitments for three cohesion policy programmes were suspended, corresponding to a total of...