Hungary: Political agreement on €16.4B EU funds, but reforms pending (politico.eu)

• Political agreement on €16.4B, but no disbursement without reforms by Aug 31.
• Package includes RRF, cohesion funds, and academic freedom funding.
• €2B cohesion funds permanently lost; €530M still frozen.

"Hungarian Prime Minister Péter Magyar claimed after a meeting with EU Commission President von der Leyen that €16.4 billion in EU funds were unlocked. EU officials stress it is only a political agreement; disbursement requires completing complex reforms by August 31. The package includes Recovery and Resilience Facility, cohesion funds, and academic freedom funding. About €2 billion in cohesion funds are permanently lost."