Categories: Hungary

Deadline for Hungary’s Recovery Plan

Reading Time: < 1 minute

The European Commission’s deadline on assessing Hungary’s Recovery and Resilience Facility (RRF) plan expires today, July 12. According to Brussels-based Politico and various German news outlets, the Commission, dissatisfied with the commitment of Hungary’s government to fight corruption, has submitted further questions to the Hungarian government. Hungary applied for EUR 7.2 billion in non-returnable grants from the EU’s Recovery Fund.

Hungary’s justice minister Judit Varga admitted that “the Commission has formulated new demands” and promised that Hungary will remain open for a constructive dialogue with the European Commission. Politico opines that Brussels won’t approve the Hungarian recovery plan by 12 July, but that the program can gain the Commission’s backing later if Budapest makes some concessions. Brussels is still aiming to endorse the Hungarian plan — alongside that of the Czech Republic, Ireland and Poland — 16-19 July, according to a provisional schedule confirmed by EU diplomats and officials.

Source: Politico, various

CET Editor

Recent Posts

A Trumping new reality – CET opinion

One of the most disappointing characteristics of our 21st Century is that while we live…

3 days ago

Poland PM urges defence spending hikes as Baltics cut ties with Russian electricity grid

Polish Prime Minister Donald Tusk called on European leaders to increase their defence spending while maintaining close ties…

6 days ago

Kos floats speedy EU accession for Albania, Montenegro

The Munich Security Conference ended on a cautiously positive note for EU candidate countries Albania…

6 days ago

EU looks to Greece for critical raw materials

Greece is poised to become a key player in the EU’s efforts to secure critical…

6 days ago

Poland FM backs Ukraine, but rejects EU army idea

Polish Foreign Minister Radoslaw Sikorski stressed the necessity of European involvement in any peace talks…

7 days ago

‘Poland: growth leader in Europe and the world’- FM proclaims on 2024 data

Poland’s economy emerged as a regional standout in 2024, recording a GDP growth of 2.9%,…

2 weeks ago