• Home
• Channel: Current Affairs
• Hungary at Risk of Losing 400 Billion Forints Should Orbán "Continue to Play Role of EU's Tantrum Child" - DK

Hungary at Risk of Losing 400 Billion Forints Should Orbán "Continue to Play Role of EU's Tantrum Child" - DK

• 30 Oct 2024 7:05 AM

The government has neglected to secure EU funding for Hungary for almost two years by now, Democratic Coalition (DK) MEP Klara Dobrev told an online press briefing on Tuesday, noting she has written to EU budget commissioner Johannes Hahn to ask "what the Orban government" had and hadn't done to make sure Hungarians "receive the money they are entitled to".

Quoting a European Commission report, she said Hungary had failed to fulfill the 27 "milestones" it had previously committed to, "so not a single payment request can be paid out right now".

Hungary, she added, was at risk of losing about 400 billion forints in 64 days' time should Prime Minister Viktor Orban "continue to play the role of the EU's tantrum child".

And if it is unwilling to fulfill the milestones next year, Hungary may be deprived of another 400 billion forints, she said. In 2026, lost funds could amount to 1,000 billion forints as reconstruction money may also be imperilled, Dobrev insisted.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Orbán

Explore More Reports

Hungary to Get ‘Enormous Competitive Advantage’ After Ukraine War, Says FM

• 12 Dec 2025 7:56 AM

Hungary will have an "enormous competitive advantage" in the post-Ukraine war era by maintaining mutually respectful and beneficial relations with both East and West, Foreign Minister Péter Szijártó said.



Budapest Crisis: Lifeline Loan or Power Grab?

• 11 Dec 2025 6:17 AM

The government's aid loan programme is a "safety belt" for Budapest to ensure that the city remains functional, its employees get paid, and "nobody pockets the money owed to them", Alexandra Szentkirályi, the group leader of the ruling parties in the city assembly, said on Facebook on Monday.



Would Tisza Abolish Taxes on Multinationals, Leaving Hungarians to Cover the Bill?

• 8 Dec 2025 6:45 AM

Opposition Tisza Party would abolish taxes on multinationals, leaving Hungarians to cover the bill, Gergely Gulyas, the head of the Prime Minister's Office, said on Saturday at an event organised by the Center for Fundamental Rights.



Updated: 'Budapest Will Not Kneel', Says Mayor to Gov't

• 4 Dec 2025 12:00 PM

At a "Budapest Pride March 2.0" rally outside the Carmelite Monastery, the prime minister's office, Gergely Karacsony, the mayor of Budapest, vowed the city would "not kneel", as he handed the City Assembly's resolution on its "real financial crisis" to a government representative.