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Brussels recommends billions in EU funds be withheld from Hungary

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euronews.com

The European Commission is likely to recommend that billions of euros of EU money be withheld from Hungary judging that Budapest has failed to deliver the reforms necessary to ensure such funds are protected from corruption, Euronews understands.This comes as EU parliamentarians are due to vote on Thursday on a resolution to demand EU funds for Hungary be frozen due to rule of law breaches.The EU's executive called in September for an estimated €7.5 billion in European funds to be withheld from Hungary over corruption concerns after it triggered a new rule of law mechanism.

This sum amounts to roughly 65% of the funds Budapest received under EU Cohesion programmes. Hungary could get the money if it passed 17 remedial measures negotiated with the Commission before November 19.

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