Published on
09/07/2026 - 18:07 GMT+2
EU finance ministers are expected to approve Hungary's revised National Recovery Plan on Friday at the ECOFIN meeting, paving the way for Budapest to withdraw €10 billion in post-pandemic recovery funds once it fulfils all remaining conditions.
For years, a large share of the recovery and cohesion funds earmarked for Hungary has been withheld by Brussels over concerns about systemic corruption risks.
Hungarian Prime Minister Péter Magyar, who won a landslide victory in April's elections, campaigned on a pledge to unlock the frozen EU funds, and has since struck a political agreement with European Commission President Ursula von der Leyen to move the process forward.
