EU wants to suspend Hungary financing as it awaits reforms

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The measures are expected to include setting up independent anti-corruption watchdogs to monitor the use of EU funds theSun theSundaily Hungary EuropeanUnion funding Suspension corruption reform

Tibor Navracsics, Hungarian Minister of Regional Development, addresses a press conference at the ministry building on September 18, 2022 in Budapest. - AFPPIX: The European Union’s executive arm on Sunday proposed suspending 7.5 billion euros in financing for Hungary, as it awaited potential “game changer” anti-corruption reforms from Budapest.

On Saturday, Hungary’s government said that MPs would vote next week on a series of laws aimed at easing the conflict. He said Hungary has committed to “fully inform” the commission about implementing measures to address their concerns by November 19.Orban’s administration has struck a more emollient tone than usual on the issue and Justice Minister Judit Varga reacted to the Commission’s proposal by acknowledging that “we still have work to do” to end the row, while insisting that “we are moving in the right direction”.

But German MEP Daniel Freund told AFP although the freezing of funds to Hungary is welcome, he feared the proposed measures from Hungary were not enough to “stop Orban and his cronies from stealing EU funds.”

 

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