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EU Council Ends Conditionality Mechanism on Hungary, Releasing €4.2 Billion
The Council of the EU ended the 2022 rule-of-law conditionality mechanism on Hungary on October 13, releasing €4.2 billion and restoring Hungary's access to Erasmus+ and Horizon Europe after the Magyar government's anti-corruption reforms. The move belongs to a €16.4 billion package agreed with Commission President von der Leyen; Hungary is also applying for €10 billion in recovery funds, and the Commission is still assessing whether all conditions were met.
