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Free AccessJustice Min Submits Judicial Reform Legislation To Unlock EU Funds
Hungarian Justice Minister Judit Varga has posted on her ministry's FB account that the gov't is to submit judicial reform legislation to the National Assembly as part of the process to unlock suspended EU funds.
- Varga: "Based on yesterday's information from the Commissioner responsible for the enforcement of law, the Government initiated the submission of the judicial package discussed with the European Commission the Parliament. We managed to accomplish what we undertook even in the greatest domestic and international opposition. We continue to work to ensure that Hungarian people receive the resources they deserve as soon as possible."
- The technical agreement, reached earlier this week, could see a EUR13bn portion of the EUR22bn EU catch-up funds allocated to the Hungarian budget released. The reforms to be enacted meet the demands that any cohesion funds spent are in line with the so-called 'horizontal condition' of compliance with the EU Charter of Fundamental Rights that prevents "any discrimination based on sex, racial or ethnic origin, religion or belief, disability, age or sexual orientation".
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.