Hungary has frozen billions of euros from European funds in its account.
The Prime Minister of Hungary, Viktor Orbán, threatened Brussels on Friday that he would veto the European Union’s budget proposal if European funds were not paid to his country. The prime minister spoke about this in a regular interview for the public radio station Kossuth Rádió, reports the TASR correspondent in Budapest.
According to Orbán, Hungary has more than 12 billion euros from European funds frozen in its account, while Budapest should receive additional money from EU funds in 2027-2028. If this does not happen, Hungary will use the option of vetoing the EU budget for the next seven-year period after 2027, for which negotiations have already begun, announced the Prime Minister.
“I can say with certainty that the money we would not receive in 2025-2026 must be received in 2027-2028. If this does not happen, the Union will not have a budget, because we will not support it,” he emphasized.
Approximately 21 billion euros from the cohesion and post-pandemic recovery funds allocated to Hungary were frozen by Brussels due to the deterioration of the rule of law.
