CYPRUS MIRROR
reading time: 2 min.

Hungary Passes Anti-Graft Measures, Eyeing EU Funds

Hungary Passes Anti-Graft Measures, Eyeing EU Funds

Hungarian lawmakers approved anti-corruption measures on June 23, part of new Prime Minister Peter Magyar’s sweeping reform drive and aimed at helping the country get billions of euros in withheld European Union funds.

Publish Date: 24/06/26 14:36
reading time: 2 min.
Hungary Passes Anti-Graft Measures, Eyeing EU Funds
A- A A+

The EU announced late last month it would unlock more than 16 billion euros ($18 billion) for Hungary that had been frozen over rule-of-law concerns during nationalist premier Viktor Orban’s rule, if Budapest stays on track with a major reform push.

Pro-EU conservative Magyar ousted Orban from office after 16 years in power in an April election, on a promise of “regime change.”

The anti-graft legislation easily passed a vote in parliament, where Magyar’s party holds more than two-thirds of the seats, enabling it to change key laws and amend the constitution without opposition support.

The approved legislation expands the legal powers of the anti-graft watchdog, the Integrity Authority, which was established in late 2022 as part of an earlier EU-mandated reform package.

Under the new regulations, the organization will scrutinize asset declarations and can seek continuation of anti-corruption investigations through the courts and suspend procurement processes to protect EU funds.

To keep up to date with latest Cyprus news

Comments

Attention!
Sending all kinds of financial, legal, criminal, administrative responsibility content arising from illegal, threatening, disturbing, insulting and abusive, humiliating, humiliating, vulgar, obscene, immoral, damaging personal rights or similar content. It belongs to the Member / Members.