Péter Magyar in the Berlaymont building after a bilateral meeting on April 29, 2026.Thierry Monasse/Getty Images

Hungary, EU split over how much of its €10B funding it should get – POLITICO

· POLITICO

BRUSSELS — Hungary’s incoming Prime Minister Péter Magyar is at loggerheads with the European Commission in the first real test of the post-Viktor Orbán reset: How much of Budapest’s frozen EU funds can he bring home?

Over the past few days, talks have intensified over the €10.4 billion Hungary is entitled to under the EU’s post-pandemic recovery fund, according to two EU and one Hungarian official. The money had been withheld over Budapest’s breaches of EU law under Orbán, who was prime minister since 2010 and lost the election last month.

In a highly symbolic move, Magyar met European Commission President Ursula von der Leyen in Brussels last week to reset relations after years of conflict with the previous government.