The EU has unlocked 16.4 billion euros in funds for Hungary after new Prime Minister Peter Magyar enacted reforms to weed out corruption. It caps off weeks of negotiations between his government and the EU to release funding crucial to Hungary's slumping economy. Details by Camille Knight.

Hungary faces an end-of-August deadline to complete dozens of reforms tied to EU funds

Magyar is hoping to unblock over €10.4bn in frozen EU post-pandemic Covid funds following a planned meeting on Friday with European Commission president Ursula von der Leyen.