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European Commission Approves EUR 10 Billion Fund for Hungary

Hungary Today 2023.12.14.

The much-awaited decision by the European Commission has been made, approving the disbursement of part of the money Hungary is due, acknowledging that it considers the judicial reform package adopted by parliament in May to be appropriate.

The decision will free up EUR 10 billion from the Cohesion Fund, which had been withheld over concerns about Hungary’s justice system, reports Magyar Nemzet.

The issue has caused a stir, even more than expected. Naturally, the press and MEPs who have criticized Hungary launched a full-scale revenge.

Fact

The Cohesion Fund provides support to Member States with a gross national income (GNI) per capita below 90% EU-27 average to strengthen the economic, social, and territorial cohesion of the EU. The Fund supports investments in the field of environment and trans-European networks in the area of transport infrastructure.

We have witnessed an unusual scene in the European Parliament this week. In Strasbourg, a debate was held on ‘The democracy protection package.’ The committee was represented by Vice-Presidents Dubravka Šuica and Věra Jourová. The majority in the European Parliament behaved as expected.

However, one well-known MEP was treading into dangerous waters by pushing the committee too hard.

Sophie In’t Veld stressed in the meeting that no one can ignore the irony that the committee was paying a “bribe” to the European “kleptocratic leader” Viktor Orbán at the very moment the package was being presented. The MEP said that

she would only call the package “Lex Orbán,” branding NGOs as potential foreign agents.

Sophie In’t Veld. Photo via Facebook/D66

Věra Jourová, incensed at MEP Sophie In’t Veld’s comment, and reacted to it personally, saying:

“Did I hear you right? Did she really say that the committee is corrupting Hungary, that there is a bribe here? It is a crime to bribe someone. I would ask you not to use that, even metaphorically. I am extremely sensitive to this.”

Photo via Twitter/Vera Jourová

On the other hand, Minister of Justice Bence Tuzson, representing the Hungarian Government, announced a long time ago that there is no request made to Hungary that the country has not fulfilled one hundred percent.

It must be noted, however, that the European Commission only approved to provide a part of the funds, and the money is not yet available. This was the case with Poland last year, and they did not receive the grant in the end.

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Via Magyar Nemzet, Featured image via Pixabay


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