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Hungary's Prime Minister Peter Magyar addresses the media at EU headquarters in Brussels, Friday, May 29, 2026. (AP Photo/Virginia Mayo)

Video. EU ends anti-corruption funding curbs on Hungary, freeing €4.2bn

Updated: 13/10/2026 - 11:44 GMT+2

The Council of the EU has ended the 2022 conditionality mechanism imposed on Hungary over corruption risks, releasing €4.2 billion and restoring access to Erasmus+ and Horizon Europe after Péter Magyar’s new government adopted anti-corruption reforms.

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