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Hungary to Meet EU Super Milestones By End-June Latest

HUNGARY
  • Officials say Hungary may unlock suspended EU funds by 2H 2023.
  • These headlines are broadly in-line with expectations after the EU effectively suspended ~EUR28bln in funds over rule of law concerns in December - but with clear conditions which, if fulfilled, can unlock the monies.
  • The government has already passed more than a dozen pieces of anti-corruption legislation and has pledged to meet EU demands on judicial independence by the end of March.

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