Hungary’s new PM races to unlock EU’s frozen funds

Author: aljazeera.comPublished on: April 29, 2026Country: Hungary
PoliticsBusiness & Economy
Hungary’s new PM races to unlock EU’s frozen funds

Hungary’s incoming Prime Minister Peter Magyar has traveled to Brussels, hoping to unfreeze billions of euros that the EU blocked under Orban's government. With an August deadline looming, he is pushing to pass key reforms before Hungary permanently loses the funds. Al Jazeera reported that Magyar is under pressure to act swiftly.

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