Articles by #hashtag

rule of law

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European Parliament Says Hungary Unfit for EU Presidency

Jun 2, 2023

A resolution adopted by the European Parliament questions Hungary’s ability to fulfill the rotating EU presidency in a credible manner given the backsliding of rule of law in the country. Budapest dismissed the non-binding resolution as political pressuring and is convinced that the Hungarian presidency will take place as planned. Hungary is set to assume […]

EU Not to Release Hungary's Funds Until Conditions Met

Nov 25, 2022

The EU Commission will propose holding back some of the EU funds earmarked for Hungary citing the Hungarian government failure to implement rule of law and anti-corruption measures. At stake are more than EUR 7 billion, cash that Hungary badly needs at a time when inflation is above 20% and the economy is forecast to […]

Hungary Faces EU funding Cut in Blow to Economy

Sep 22, 2022

Hungary may be the first European Union member state to see its funds frozen by the bloc over corruption concerns and repeated breaches of the rule of law. The government of Prime Minister Viktor Orbán could face the suspension of a third of Hungary’s budgetary funds if the European Commission’s proposal is accepted. The European […]

Hungary to establish anti-graft authority in bid to unlock EU funds

Sep 9, 2022

The Hungarian government decided to set up an anti-corruption authority that will work together with non-government organizations to oversee the spending of European Union funds. The move comes as Budapest seeks to unlock billions of euros in EU development funds that Brussels suspended on claims of state-level corruption and a decline in the rule of […]

Hungary Aims for EU Deal on Funds by End of August

Aug 5, 2022

The Hungarian government is hoping to reach a deal with the European Commission to unblock billions of euros in EU funds by the end of August. The Cabinet of Prime Minister Viktor Orbán is seeking to diffuse a long-standing conflict between Budapest and Brussels over democratic standards, rule of law and corruption. Following years of […]

EU Disciplinary Action against Hungary Carries Huge Risk for Economy

Apr 8, 2022

The European Union’s decision to launch a new rule of law mechanism against the Hungarian government threatens to strip Hungary of billions of forints in much-needed funding. The move comes at a time when the government needs to rein in a swelling budget deficit and faces a slowdown in the economy. Hot on the heels […]

EU Concerns Over Hungary’s LGBTQ Law and Corruption Allegations May

Jul 9, 2021

Hungary’s relations with the European Union took a turn for the worse after the government of Prime Minister Viktor Orbán passed a law that was heavily criticized for discriminating against LGBTQ people. EU lawmakers are urging the decision-making bodies in Brussels to punish Hungary by blocking funds from the EU stimulus package. Hungary came under […]

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