Published on 24/08/2026 – 16:01 GMT+2 • Updated

16:22

Hungary is on track to fulfil all criteria needed to unlock €10 billion in EU recovery funds by the end-of-August deadline, Euronews understands from conversations with Commission and Budapest officials this week.

Meeting all milestones would clear the way for Hungary to access billions in EU cash, delivering a political win for the new government.

Hungarian Prime Minister Péter Magyar, who won a landslide victory in April’s election, ending Viktor Orbán’s 16-year rule, campaigned on a promise to unlock Hungary’s suspended EU funds.

In May, Magyar and European Commission President Ursula von…

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