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Home » CEE MARKETS-Prospect of EU funds boosts Hungary’s forint

CEE MARKETS-Prospect of EU funds boosts Hungary’s forint

    The EU is considering unlocking billions of euros for Hungary that were frozen over rule-of-law concerns as it seeks to win Budapest's approval for aid to Ukraine, including a start to membership talks for Kyiv, according to senior officials. EU officials told Reuters that laws passed by Hungary this summer to increase judicial independence had brought a deal closer on unfreezing part of some 22 billion euros ($23 billion)in economic development aid.

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