The European Commission has proposed the release of €4.2 billion in previously frozen cohesion funds to Hungary, alongside reinstating full access to the Erasmus+ and Horizon Europe programs for Hungarian students and researchers. This move comes after Hungary made progress in addressing rule-of-law concerns, including reforms in public procurement, anti-corruption measures, conflicts of interest, and the effectiveness of prosecutorial action, as noted by the Commission.
The proposal is now awaiting approval from the Council of the European Union, which has a month to decide on lifting the measures that were imposed in 2022. Until the Council gives its approval, the restrictions on funding will remain in place.
While the proposed release of €4.2 billion is significant, it only accounts for part of the EU funds still restricted for Hungary. Other cohesion funds continue to be blocked under separate conditions, and Hungary’s access to recovery funds is being evaluated through a separate process.
The European Commission’s decision reflects an acknowledgment of Hungary’s efforts to address EU budgetary concerns, but it also underscores the ongoing scrutiny and conditions Hungary faces regarding its access to EU funds. The outcome of the Council’s decision will determine whether Hungary can fully access the proposed funds and program benefits.