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European Parliament Budget Delegation to Hold Briefing

HUNGARY
  • A European Parliament delegation today wraps up a visit to Budapest where members sought to assess the protection in place for spending EU funds, much of which is currently suspended due to concerns over corruption and the rule of law. The European Parliament Budgetary Control Committee will hold a briefing at 1300BST/1400CET, according to Bloomberg.
  • Hungary is making efforts to reach an agreement with the European Commission on all issues that prevent drawing funds from the EU’s Recovery and Resilience Facility, minister Tibor Navracsics said after talks with the European Commissioner for Budget and Administration Johannes Hahn as per MTI. "We are close to an agreement", he said.
  • There are no major economic releases scheduled today, or indeed for the rest of the week, ahead of next week’s NBH rate decision.

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