EU prepared to give in to Hungarian demands – FT ...News

Economy by : (Russia Today) -
Viktor Orban had previously vowed to block any increase in the EU budget, jeopardizing the bloc’s financial aid to Kiev The European Commission is expected to unfreeze about €13 billion ($13.6 billion) in EU funds for Hungary by the end of November, aiming to secure the country’s support for an increase to the bloc’s budget and massive financial assistance to Kiev, according to three officials briefed on the discussions cited by Financial Times. In December, Brussels froze €22 billion ($23 billion) in cohesion funds allocated to Hungary. The money was blocked over major concerns related to the independence of judg

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