diplomacy high confidence

Magyar Meets Von der Leyen and Costa in Brussels — EU Funds Deal Targeted for Late May

| Hungary

Incoming Prime Minister Péter Magyar traveled to Brussels on April 29, 2026 for direct meetings with European Commission President Ursula von der Leyen and European Council President António Costa. The meetings were described as 'constructive and productive' by both sides. Magyar confirmed that he would return to Brussels in the week of May 25 to conclude the formal political agreement necessary to unlock approximately €17 billion in frozen EU funds. The discussions covered the 27 'super milestones' Hungary must fulfill — including judicial independence reforms, anti-corruption measures, EPPO membership, and public procurement transparency — before the EU can begin disbursing the funds. The August 31, 2026 deadline for the €10.4B Recovery and Resilience Facility tranche created strong mutual incentive for a swift conclusion. Von der Leyen praised Magyar's 'clear commitment to European values and the rule of law' and expressed confidence that an agreement would be reached before the deadline. This was Magyar's first formal engagement at European Commission presidential level.

Magyar meets von der Leyen in Brussels to discuss unlocking Hungary's €17B in frozen EU funds
Magyar meets von der Leyen in Brussels to discuss unlocking Hungary's €17B in frozen EU funds — Euronews