European Commission unblocks €10bn for Hungary ahead of EU summit
The European Commission has unfrozen €10.2 billion for Hungary, which had been blocked due to concerns about the rule of law in the country.
The European Commission released a statement on the matter.
After a thorough assessment, and several exchanges with the Hungarian government, the Commission considers that Hungary has taken the measures it committed to take... Hungary may start claiming reimbursements of up to around €10.2 billion,
the document says.
On December 14-15, the Council of Europe will hold a meeting to consider, among other issues, the start of negotiations on Ukraine's accession to the EU and the allocation of macro-financial assistance to Ukraine worth €50 billion.
Earlier, Hungarian Prime Minister Viktor Orbán threatened to block the negotiations on Ukraine's accession to the EU and the initiative to provide Ukraine with macro-financial assistance.
It will be recalled that Ukraine has almost fully implemented the recommendations on its path to EU membership.
