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EU Council Ends Conditionality Mechanism on Hungary, Releasing €4.2 Billion

|Hungary

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.

PM Péter Magyar speaking to the media in Brussels
PM Péter Magyar speaking to the media in Brussels — Euronews