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European Commission proposes releasing €4.2 billion for Hungary
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Council approval remains pending
The European Commission proposed releasing €4.2 billion in suspended cohesion funding for Hungary, citing steps taken to address rule-of-law concerns. It also proposed restoring access to Erasmus+ and Horizon Europe programmes for affected Hungarian students and researchers. EU member states must adopt the proposal through the Council before the funding and programme access are restored.
Reuters: EU Commission proposes unlocking €4.2 billion for Hungary