iustitia.bg
European Commission President Ursula von der Leyen
Reports from Brussels suggest that advanced negotiations are underway between Hungary and the European Commission regarding the disbursement of EU funds. Reports indicate that the full amount of the Recovery Fund, as well as funds from additional cohesion and loan programs, could become available. Péter Magyar and Ursula von der Leyen have reportedly held discussions at multiple levels to prepare the agreement. The potential package could represent a total of tens of billions of euros in funding for Hungary if the conditions are met, Index reported.
According to European Commission sources, negotiations with Hungary are progressing very well, and it is not out of the question that Budapest will be able to draw down 100% of the recovery fund. According to information obtained by EUrológus, there is a strong chance of securing the remaining 4.3 billion euros from the Cohesion Fund (of which 1 billion each was lost on January 1, 2025, and January 1, 2026), as well as 2.5 billion euros from other sources. This represents significant progress compared to the situation at the time of the elections, when only the 6.5 billion in recovery funds seemed realistic, but now a loan of more than 9 billion could be added to that.
“We are aware of all the issues, and Hungarians know what path leads to their resolution,” an official told the website, adding that Péter Magyar has held discussions both by phone and in person with Ursula von der Leyen, the Commission President, but the parties are also maintaining constant contact at a lower, operational level, and there have been several meetings in Brussels and Budapest in recent weeks.
The portal has learned that Hungary’s application regarding the SAFE (Security Action for Europe) program could receive a positive decision within a week or two, which could realistically mean an additional 16.2 billion euros out of the 17.4 billion requested. Although no official decision has been made, officials have indicated that compliance with the rule of law criteria—that is, the “super milestones”—also applies to this funding.
On May 25, Péter Magyar and von der Leyen will sign a joint political agreement in Brussels, in which both parties will issue a declaration of intent to resolve all outstanding issues.
This will include a timeline and deadlines for fulfilling these conditions, and then two days later, on May 27, the Hungarian government will submit an amended national plan for the use of the funds. Although the deadline is tight for everyone, the paper’s sources say the work is progressing well.
In addition, work is underway regarding migration-related fines, as they aim to halt the daily fine of 1 million euros (which currently stands at 900 million), a move that will require amendments to three laws. It should be emphasized, however, that Hungary has no obligations regarding either the resettlement of illegal refugees or the reception of refugees.
The 2 billion euros and the 900 million euro fine are no longer recoverable,
the government could still secure tens of billions of euros in EU funds and loans if negotiations conclude successfully. Moreover, it is not a disadvantage that this could facilitate the closure of the Article 7 procedure initiated against Hungary—although the conditions for that are much more complex.
MEP Tineke Strik. Photo: MTI/Kocsis Zoltán
Tenike Strik, a Dutch Green Party representative, expects constructive cooperation with the new Hungarian government, as she believes “this is of paramount importance to ensure that Hungarian citizens can finally enjoy the rule of law, democracy, fundamental rights, and prosperity they deserve. A premature closure of the Article 7 procedure would give the impression that this procedure was purely political, but it is not: it must remain in place until the identified shortcomings are genuinely addressed.”
Via Index, EUrológus; Featured photo: EP/ Alain ROLLAND
The post Government Nears Major EU Funding Deal Amid Brussels Negotiations appeared first on Hungary Today.
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