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Hungary's New PM Vows Reforms, Unlocks EU Funds

Published 3 days, 11 hours ago
Description

Hungarys new Prime Minister, Péter Magyar, is set to receive a supermajority in parliament, unlocking billions in frozen EU funds. The EU aims to address concerns over corruption and democracy under Viktor Orbáns rule. Magyar promises swift reforms in judicial independence, media and academic freedom, and anti-corruption measures. With a strong majority, Tisza party could implement reforms quickly, potentially qualifying for low-interest EU defense loans. This signals stability and investment opportunities for Hungary as it rejoins the EU bloc.

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