Hungary loses a billion euros in EU aid

Hungary lost aid from the European Union worth one billion euros at the beginning of the new year.
The newspaper “Identity” said: The Austrian newspaper said today that Hungary did not implement the reform requirements agreed upon with the European Union, and the deadline was until the end of 2024. But this did not happen; Because of this violation of the European rule of law, Hungary loses its right to receive aid from the European Union worth about one billion euros.
The newspaper explained that the funds amounting to 1.04 billion euros, which were allocated to programs to strengthen structurally weak areas, were frozen because, according to According to the European Union Commission’s analyses, Hungary does not comply with many EU standards and basic values.
The newspaper reported that during last July; It was revealed that Hungary borrowed one billion euros from Chinese banks to fill the financial gaps, and that the duration of the loan was three years.
It is noteworthy that the European Union had previously imposed sanctions on Hungary due to its policies of refusing to receive refugees.
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