May 13, 2024
Funds

European Parliament Backs Legal Action Over Hungary’s EU Funds

The European Parliament’s legal affairs committee has thrown its weight behind suing the European Commission over a decision to unfreeze 10 billion euros ($11 billion) for Hungary, lawmakers said on Tuesday. European lawmakers have accused the commission of in December caving in to pressure from Hungarian Prime Minister Viktor Orban, who was blocking efforts to support

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Funds

EU Parliament Threatens Lawsuit Over Hungary Funds

The European Parliament on Thursday passed a resolution paving the way for possible legal action against the EU’s executive arm over the release of 10 billion euros ($11 billion) in frozen funds to Hungary. The European Commission unlocked the money for Budapest last month as Brussels looked to win Hungarian Prime Minister Viktor Orban’s backing

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