"Magyar is looking to convince the bloc to unlock around 18 billion ($21 billion) in funding that had been frozen over rule-of-law concerns under his predecessor."
"When Magyar's government takes charge next month, it would have only until the end of August to try and secure 10 billion left over from EU pandemic recovery funds, or lose them for good."
"Magyar previously outlined four crucial areas where his Cabinet would push reforms to claim the EU cash: Anti-corruption measures, restoring and bolstering the independence of the judiciary, restoring media and academic freedoms, and resetting EU relations and economic policy."
"EU leaders had welcomed Magyar's election win. 'Europe's heart is beating stronger in Hungary tonight,' von der Leyen said on the night of the highly-anticipated polls."
Peter Magyar is set to meet European Commission President Ursula von der Leyen to discuss Hungary's EU relations. He seeks to unlock 18 billion in funding frozen due to rule-of-law issues. Magyar's government has until August to secure 10 billion from EU pandemic recovery funds. Key reform areas include anti-corruption measures, judicial independence, media and academic freedoms, and resetting economic policy. Magyar's election ended Viktor Orban's 16-year rule, and EU leaders have expressed support for his leadership.
Read at www.dw.com
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