99
Hungary Loses Out On $1 Billion In EU Funding
(www.rferl.org)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 02 Jan 2025
99 points (97.1% liked)
Europe
1714 readers
266 users here now
News and information from Europe 🇪🇺
(Current banner: La Mancha, Spain. Feel free to post submissions for banner images.)
Rules (2024-08-30)
- This is an English-language community. Comments should be in English. Posts can link to non-English news sources when providing a full-text translation in the post description. Automated translations are fine, as long as they don't overly distort the content.
- No links to misinformation or commercial advertising. When you post outdated/historic articles, add the year of publication to the post title. Infographics must include a source and a year of creation; if possible, also provide a link to the source.
- Be kind to each other, and argue in good faith. Don't post direct insults nor disrespectful and condescending comments. Don't troll nor incite hatred. Don't look for novel argumentation strategies at Wikipedia's List of fallacies.
- No bigotry, sexism, racism, antisemitism, dehumanization of minorities, or glorification of National Socialism.
- Be the signal, not the noise: Strive to post insightful comments. Add "/s" when you're being sarcastic (and don't use it to break rule no. 3).
- If you link to paywalled information, please provide also a link to a freely available archived version. Alternatively, try to find a different source.
- Light-hearted content, memes, and posts about your European everyday belong in !yurop@lemm.ee. (They're cool, you should subscribe there too!)
- Don't evade bans. If we notice ban evasion, that will result in a permanent ban for all the accounts we can associate with you.
- No posts linking to speculative reporting about ongoing events with unclear backgrounds. Please wait at least 12 hours. (E.g., do not post breathless reporting on an ongoing terror attack.)
(This list may get expanded when necessary.)
We will use some leeway to decide whether to remove a comment.
If need be, there are also bans: 3 days for lighter offenses, 14 days for bigger offenses, and permanent bans for people who don't show any willingness to participate productively. If we think the ban reason is obvious, we may not specifically write to you.
If you want to protest a removal or ban, feel free to write privately to the mods: @federalreverse@feddit.org, @poVoq@slrpnk.net, or @anzo@programming.dev.
founded 6 months ago
MODERATORS
I interpret this as "before an event in the past this was case, until some event happened in the past and wasn't the case anymore" Things might've changed between that past even and now. So, I'm not sure what the author is trying to say. Someone can look up the status. There's probably some press release or paper by the EU. Unfortunately, journalists aren't taught to link to sources.
There's an explanation from a different source talking about the same story:
Source
https://www.dw.com/en/eu-denies-hungary-a-billion-euros-after-reform-failures/a-71196557
If I understood the article correctly the now still frozen 19 billion were part of an even bigger package where its payment required hungary to fight corruption (last on the corruption-index in the EU with 42 of 100 points and below global average). Orban vowed to do something and got money from the previously bigger funds. It seems he failed to really fullfill the requirements (as promised) and therefore the first billion of the rest of the funding was nullified and therefore is lost. I suppose the remaining frozen funding is still bound to anti-corruption-measurements.
I hope this really is a win for the EU but I read somewhere else that the 1 billion was initially declared for infrastructure measurements in poorer regions (questionable how much would've actually ended there) and Orban now took a loan about 1 bln from China where the latter is investing into hungary by building factories for their BYD electric cars there.