EC Maintains Measures Against Hungary

  • 18 Dec 2024 2:09 PM
EC Maintains Measures Against Hungary
European Commission has said Hungarian law changes aiming to address risks of conflicts of interests regarding "public interest trust" boards were insufficient to warrant the lifting of EU budget conditionality measures.

The measures recommended by the commission "to protect the EU budget from breaches of the principles of the rule of law in Hungary" were adopted on December 15, 2022, by the European Council, the EC noted in a statement.

"These breaches related to the areas of public procurement, prosecutorial action, conflict of interest, the fight against corruption and the public interest trusts," the statement noted.

"Hungary formally notified the commission about specific legislative amendments regarding public interest trusts and entities maintained by them" on Dec 2, and asked the commission to propose to the council that the measures be adapted or lifted.

The commission said Hungary's changes to the law did not "adequately address the outstanding concerns on conflicts of interests" regarding the boards, so the measures should remain in place.

It added that "adaptations that would be needed to sufficiently remedy the situation" had been outlined to the government.

"Hungary can at any time adopt and notify new remedies to demonstrate to the Commission that the measures adopted by the Council should be adapted or lifted," the statement said.
 

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?

Explore More Reports

  • National Unity at Heart of Search for Next Hungarian President

    National Unity at Heart of Search for Next Hungarian President

    • 14 Jul 2026 9:08 AM

    Hungary's government is seeking a consensus candidate for the office of the President of the Republic, who embodies national unity and is acceptable to everyone, Prime Minister Peter Magyar told a press conference in the Parliament building on Monday.

  • Is Orbán Now a Suspect in Ukrainian 'Gold Convoy' Case?

    Is Orbán Now a Suspect in Ukrainian 'Gold Convoy' Case?

    • 26 Jun 2026 6:30 AM

    Prime Minister Peter Magyar has called on the Public Prosecutor's Office to respond "immediately" whether they have interviewed former Prime Minister Viktor Orban and Janos Hajdu, the former head of counter-terrorism force TEK, as suspects in the so-called "gold convoy" case involving the way the authorities under the previous government stopped the transport of money and gold assets to Ukraine.

  • Orbán Loses Libel Case Over Spar Supermarket CEO Interview

    Orbán Loses Libel Case Over Spar Supermarket CEO Interview

    • 25 Jun 2026 8:53 AM

    The Budapest Municipal Court has rejected a libel claim by former prime minister Viktor Orbán against news site 24.hu over its coverage of a 2024 interview with Spar's CEO, in a ruling that marks a victory for press freedom in Hungary.