politics

EU Approves €16 Billion in Aid for Hungary Following Reform Commitments

29 Mayıs 2026DW

The European Union has decided to unblock €16 billion in assistance to Hungary, contingent on reforms promised by the new Prime Minister Peter Magyar. This announcement was made by EU Commission President Ursula von der Leyen during Magyar's visit to Brussels.
The financial support had been previously frozen due to concerns over Hungary's adherence to EU standards.
Hungary has faced scrutiny from the EU over issues related to rule of law and governance, leading to the freezing of funds intended for development and support. The new leadership under Magyar presents a potential turning point in Hungary's interactions with EU institutions.
This development highlights the EU's ongoing efforts to enforce compliance with its regulations while also providing financial support to member states in need. Magyar's commitment to reforms may signal a shift in Hungary's approach to EU relations, which could have broader implications for the country's political l…

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