4th Jun 2023


Hungary ratifies EU post-corona recovery fund

Hungarian MPs overwhelmingly ratified an EU fund for post-pandemic economic recovery in a vote on Wednesday, paving the way for €750bn in joint European borrowing and spending in coming years. Austria, Poland, and Romania are still to do so. But Hungary had been a potential stumbling block, amid an EU clash with its nationalist-populist regime on rule of law, and Budapest's frequent use of EU vetoes to force concessions.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Join EUobserver

Support quality EU news

Join us