Hungary PM Peter Magyar Expects EU Funds Deal to Be Signed Next Week
Hungary’s Negotiations on Suspended EU Funds
BUDAPEST, May 23 (Reuters) - Hungary's Prime Minister Peter Magyar said on Saturday negotiations on suspended EU funds were "progressing well" and he was planning to sign a deal in Brussels on Thursday to release them.
Communication with European Commission
Magyar told TV channel RTL he had spoken to and exchanged letters with European Commission President Ursula von der Leyen on the topic several times recently.
Importance of EU Funds for Hungary
• Hungary needs the funds to shore up its state finances. Magyar inherited a soaring budget deficit and an economy that barely clambered out of recession in the first quarter after years of stagnation.
Details of the Upcoming Agreement
• Magyar said he plans to announce the details of the agreement on EU funds on Thursday.
Other Key Meetings in Brussels
• He will also meet NATO Secretary General Mark Rutte and Belgian PM Bart De Wever on the same Brussels trip.
Hungary’s Economic Outlook
• Magyar said Hungary's government sees GDP growth in 2026 at around 2% or slightly higher.
(Reporting by Anita Komuves; Editing by Andrew Heavens)
