Hungary will still have to wait before obtaining European money. The European Commission has still not delivered its opinion on the 7 billion euro stimulus plan presented by Budapest.
The Hungarian government has been criticized for several years by the EU for its attacks on democracy and the rule of law. The Commission is now calling on Hungary to step up the fight against corruption, among other things. “_We are working to conclude our assessment as quickly as possible _”, assures Veerle Nuyts, spokesperson for the European Commission.
The Commission did not set a new deadline this time for the delivery of its opinion. Hungary submitted its recovery strategy in May, but the amount has already been halved following a disagreement with the EU. Budapest considers that the Commission refuses to give its approval because of the Hungarian law against LGBT people. An accusation rejected by the institution. Due to this delay, the Hungarian government had to issue 4 billion euros of bonds on the financial markets.
Reference-feedproxy.google.com