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The EC is ready to unfreeze 550 million euros for Hungary to bypass the veto on sanctions


Septembre, 19 2025
watermark Economic news

The European Commission is considering unblocking about 550 million euros in subsidies for Hungary in order to overcome its possible veto when approving the 19th package of sanctions against Russia.


The adoption of restrictive measures requires the unanimity of all EU countries, but Budapest and Bratislava have previously expressed disagreement with their content.


In 2022, the European Union froze about €22 billion of cohesion funds for Hungary, designed to equalize economic development and finance infrastructure, educational and social projects.



    






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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.