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FinMin: EU withholding Hungary recovery funds for political reasons

January 18th, 2022

The EU's decision to withhold Poland and Hungary's coronavirus recovery funding "clearly is politically motivated", Hungarian Finance Minister Mihaly Varga said on the sidelines of a meeting of EU finance ministers (Ecofin) in Brussels on Tuesday. Hungary was one of the first countries to submit a recovery plan last May, Varga noted. But after the Hungarian parliament passed amendments to its child protection law in June, which European Union institutions said was discriminatory against LGBTQ people, "the European Commission judged the Hungarian plan on a political basis", he said.


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