The EU commission seems fed up with Hungary’s ignoble handling of democracy and the promised but in fact only half-hearted fight against corruption. Brussels now wants to crack down and hit Prime Minister Viktor Orbán where it hurts most: money.
The remission of a total of 7.5 billion euros is imminent. An amount that is already partly provided for in the Hungarian budget for the coming year. If the funds disappear, it will be a huge burden for the country.
Refuse to release assets
At the heart of the announced reforms, summarized in a 17-point plan, is an anti-corruption agency. However, Brussels doubts their independence. Budapest refuses to disclose members’ assets – a key indicator of conflicts of interest in public procurement.
However, the Commission cannot decide on the cuts, the Member States have the decision-making power. A qualified majority of the EU countries is needed, Austria has already announced that it will follow the recommendation from Brussels.
Probably even longer tug-of-war possible
It is not yet known if and how severe the penalties against Hungary will be, and the decision could also be postponed. A longer tug-of-war and showdown is quite possible. Doris Veterman
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
