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Image header Agence Europe
Europe Daily Bulletin No. 13848
ECONOMY - FINANCE - BUSINESS / Economy

Hungarian post-Covid-19 recovery plan - race against time for access to European funding has begun

With the ousting of Viktor Orbán from power in Hungary, the future Prime Minister, Péter Magyar, has set the release of European funds from the ‘RRF’ facility as a priority, which finances national post-Covid-19 recovery plans (€10.4 billion for Hungary), and from European cohesion funds (€7.6 billion), these envelopes having been suspended by the European Union for non-respect of the Rule of law and breaches of fundamental rights (see EUROPE B13847A1).

Mr Magyar has already had...

Contents

INSTITUTIONAL
EXTERNAL ACTION
WAR IN MIDDLE EAST
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
COUNCIL OF EUROPE
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
COURT OF JUSTICE OF THE EU
SECURITY - DEFENCE - SPACE
NEWS BRIEFS