Subscribe to our social channels to get the latest news about Hungary!
Orbán’s winning scheme: Hungarian government will receive EUR 13 billion by 2024?
Change language:
Hungary should have received billions of euros from at least two main EU funds. One is the RRF of which EUR 5.7 billion Hungary is entitled to. The other is a development fund of EUR 21 billion. If everything goes smoothly, Hungary may get EUR 13 billion from the former bag soon.
According to g7.hu, the Hungarian parliament accepted a judicial reform package in May. The government sent it to the European Commission to check it out and answered all its questions. If the EC gives the green light, Hungary will get access to EUR 13 billion of the development fund. To get the remaining EUR 9 billion and an additional EUR 5.7 billion (from the recovery and resilience – RRF – fund), the government must fulfil a prerequisite system of 27 obligations.
János Bóka, the minister responsible for EU affairs, said before that Hungary should expect EU money from July 2024. Before, PM Orbán highlighted a lot would depend on the results of the Polish elections. We know that Orbán’s Polish allies suffered a defeat, and their adversaries will form a government soon in Warsaw. That is bad news for the Fidesz, which may remain without veto allies in the European Council. The only hope for Orbán is Slovakia’s newly-elected Robert Fico, but he will probably not go into fire for Hungary’s euro billions.