Unlocking EU Funds Will Be No Easy Ride

The new Hungarian government faces the dual challenge of unlocking frozen EU funds and applying for future subsidies. Daniel Molnar from the Hungarian Economic Development Agency highlights the importance of these funds for economic growth, noting that only 53.2% of allocated cohesion funds have been decided upon, with just 21% disbursed. The European Commission will impose strict conditions for fund access, requiring reforms that the previous government avoided. The government must navigate these challenges under time pressure as the current EU budget cycle nears its end. The Tisza Party's pro-EU stance may improve relations with Brussels, potentially unblocking funds for Hungary and Ukraine, but the timeline for economic improvement remains uncertain.