Hungary takes €230m fine from Brussuls as it releases funds | beyondbrics

Hungary takes €230m fine from Brussuls as it releases funds | beyondbrics:

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Viktor Orban, Hungary’s prime minister, may denounce the European Union for what he calls “double standards” when dealing with Budapest; he may liken the Brussels administration of today to Moscow’s occupation of yesteryear; but when it comes to any loss of EU funding, he pretty quickly sends his top sidekicks to the Commission with strict instructions to talk nice and quietly – and get the money flowing again.

Thus, when last month it emerged that Brussels had suspended some funding to Hungary “due to significant deficiencies identified by Commission audits in the management and control systems of eight operational programmes,” Budapest moved fast and, seemingly, effectively.

“Suspended disbursements to Hungary may recommence within days, says EU commissioner,” was how the prime minister’s office saw things on Monday. As a result, €2bn in European Union funds will soon be “in circulation” in Hungary."

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