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Image header Agence Europe
Europe Daily Bulletin No. 13551
Contents Publication in full By article 14 / 27
INSTITUTIONAL / Budget/rule of law

Hungary loses €1 billion in EU funds due to breaches of Rule of law

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...

Contents

POLISH PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION
SECTORAL POLICIES
EXTERNAL ACTION
Russian invasion of Ukraine
INSTITUTIONAL
NEWS BRIEFS