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EU hails Hungary's 'wind of change' and unlocks €16.4bn for new PM Magyar

EU hails Hungary's 'wind of change' and unlocks €16.4bn for new PM Magyar
BBC News Friday 29 May 2026, 19:38 UTC 1 min read
Key Points

The EU has unlocked €16.4bn in funding for Hungary's new Prime Minister, Viktor Magyar, marking a significant boost for his leadership. The deal comes after Magyar's government agreed to implement reforms aimed at addressing concerns over the country's rule of law and democratic institutions. The funding will support Hungary's economic development and help the country recover from the COVID-19 pandemic.

The deal is a significant boost for Hungary's leader, who has been in office for less than three weeks.
Originally published by BBC News Read original →

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