Press release - Release of frozen EU funds to Hungary: MEPs to debate next steps with Commission
On Wednesday, Budgets and Budgetary Control Committee MEPs will quiz commissioners Hahn, Reynders and Schmit about the partial release of previously frozen funds to Hungary.
- On Wednesday, Budgets and Budgetary Control Committee MEPs will quiz commissioners Hahn, Reynders and Schmit about the partial release of previously frozen funds to Hungary.
- Parliament had also warned that it would look into whether legal action should be pursued to overturn the Commission’s decision.
- Consequently, 55% of budgetary commitments (approximately EUR 6.3 billion) in EU cohesion funding for Hungary are currently frozen.
- In December 2023, the Commission recognised Hungary's judicial reforms as meeting the fundamental requirement of judicial independence under the Charter of Fundamental Rights.