Hungary Signs €16.4B EU Funds Deal — Largest Post-Orbán EU Unlock

PM Péter Magyar and EC President von der Leyen signed an agreement on May 29 releasing €16.4 billion in previously frozen EU funds: €10 billion RRF and €6.4 billion cohesion. Hungary must meet 27 'super-milestones' by August 31, 2026, including EPPO membership, judicial independence reforms, and anti-corruption measures. First disbursements expected Q4 2026. The deal caps five weeks of Brussels negotiations and represents the definitive end of the Orbán era's adversarial EU posture.