Hungary’s Magyar secures frozen €16.4bn from Brussels – but only if string of conditions met

Hungary’s Magyar secures frozen €16.4bn from Brussels – but only if string of conditions met

The European Commission is ready to unlock €10bn of funds for Hungary. But the country must meet deadlines that are closing in fast, and any funds are unlikely to be released until the end of this year. With a looming 31 August deadline, Hungary essentially has only shot to get everything right.

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