Hungary's Magyar set to outline his red lines over EU funding talks in a letter to von der Leyen

Published on 13/05/2026 - 20:24 GMT+2

Hungary's caller Prime Minister Péter Magyar volition nonstop a missive to European Commission President Ursula von der Leyen connected Thursday, mounting retired his government's presumption connected politically hard conditions tied to EU funding.

Magyar made the announcement astatine a property league pursuing the archetypal furniture gathering of his government, held successful Ópusztaszer.

Magyar pledged to retrieve €17 cardinal successful EU backing blocked nether his predecessor Viktor Orbán implicit concerns astir corruption and the regularisation of law. Of that total, €10 cardinal nether the EU's Recovery and Resilience Facility is astatine hazard of expiring astatine the extremity of August if the caller authorities fails to sorb it.

Speaking to journalists, Magyar outlined immoderate of the circumstantial disputes surrounding the funds.

"The astir important are task problems, specified arsenic the recapitalisation of the Hungarian Development Bank, the instauration of a peculiar task company, and however we tin operation transport, railway and suburban railway investments successful a mode that makes them acceptable," Magyar said, adding that his squad is besides moving connected plans for rental lodging and vigor ratio programmes.

Hungary is presently reviewing a nationalist improvement programme drawn up by the erstwhile authorities and volition taxable it to the European Commission earlier the extremity of May.

Magyar acknowledged that respective EU conditions for releasing the funds are politically delicate for his authorities and indicated helium does not mean to instrumentality each of them.

"The European Commission's expectation, for example, is that the authorities should gradually signifier retired immoderate of the peculiar taxes. This is evidently besides successful the involvement of the Hungarian economy, but successful the existent budgetary situation, the Hungarian authorities surely cannot undertake this," Magyar said.

Hungary has introduced a bid of sectoral levies connected banking and vigor companies. The European Commission has criticised these measures successful its country-specific recommendations.

"I volition nonstop a elaborate missive to Commission President Ursula von der Leyen tomorrow, successful which I volition picture wherever we tin amusement immoderate flexibility, wherever that remains acceptable from the constituent of presumption of the Hungarian system and the Hungarian radical — and wherever it does not. I cognize this now, but we volition scope an agreement," Magyar said.

The Prime Minister besides confirmed that a high-level European Commission delegation volition question to Budapest adjacent week for a five-day circular of negotiations connected the frozen funds.