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EU to unlock 16 billion euros for Hungary as Magyar pushes ahead with post-Orban reforms

|Middle East, Iran|1 independent sources

Published by WarSignal Editorial · Last updated

The European Union will unlock more than €16 billion in frozen funds for Hungary, EU chief Ursula von der Leyen said Friday, praising what she described as "long overdue reforms" by newly elected Prime Minister Peter Magyar.

The EU had frozen the funds while the country was under the leadership of nationalist premier Viktor Orban, accusing Budapest of corruption and democratic backsliding.

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