HUNGARY'S MAGYAR SEEKS EU FUNDS DEAL 'NEXT WEEK' IN BRUSSELS
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20.05.2026


EuroNews (19 May 2026)

Sandor Zsiros

 

Péter Magyar said he hopes to reach an agreement with the European Commission next week to unlock €10.4bn in recovery funds that were frozen under the previous government of Viktor Orbán, as an August deadline nears.

Hungarian Prime Minister Péter Magyar said Tuesday he hopes to sign a political agreement with the European Commission “next week” on the release of EU funds that had been frozen during the previous government.

"Both sides will do everything they can to ensure that next week, when I travel to Brussels, we can sign the political agreement between the Hungarian government and the European Commission, which will allow us to conclude all issues by August 31, despite the hard work and work throughout the summer," Magyar told reporters at a press conference on Monday evening in Budapest.

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