Hungary’s transport and investment minister said on Aug. 31 the government has
completed the legislative and institutional changes required to unfreeze about
€10bln of EU funds. The minister said Hungary has met all targets agreed in May
between the prime minister and European Commission President Ursula von der
Leyen, including passage of more than 100 laws, creation of new agencies and the
launch or completion of key projects; much of the legislation implements
EU-requested anti-corruption measures. Budapest plans to direct the funds to
rail modernization, affordable housing and student dormitories, water-management
projects, and renewable energy and grid investment.
