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    Home EUROPE Hungary

    Péter Magyar Accepts First Installment of Brussels’ “Cash for Sovereignty” Deal

    The Analyst by The Analyst
    June 6, 2026
    in Hungary
    Péter Magyar Accepts First Installment of Brussels’ “Cash for Sovereignty” Deal


    Just like after the elections in Poland where Brussels’ protégé, Donald Tusk, was able to form a europhile government, the European Commission has pledged to release a large chunk of previously withheld euro billions to the TISZA government merely on the basis of a promise to implement reforms. The previous government of Viktor Orbán has warned that the implementation of Brussels’ conditions, such as signing the EU’s failed migration pact, would seriously encroach on Hungary’s national sovereignty. 

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    At the joint press conference, Ursula von der Leyen emphasized that the new Hungarian government has begun implementing the reforms that the European Commission has long expected from Hungary. In her view, the new government has taken concrete steps in a short time to combat what she called corruption, restore the rule of law, and promote economic recovery, reported Magyar Nemzet.

    Dear @magyarpeterMP, it has only been a few weeks.

    But we can feel a strong wind of change across Hungary.

    To fight corruption.

    Kickstart economic recovery.

    And restore the rule of law.

    Today we share the progress made ↓ https://t.co/juMDTzy6pD

    — Ursula von der Leyen (@vonderleyen) May 29, 2026

    Von der Leyen highlighted three main areas. First, curbing corruption and imposing stricter controls on the use of EU funds. As part of this, Hungary will join the European Public Prosecutor’s Office, strengthen the Integrity Authority, and amend legislation to detect conflicts of interest and misuse of public funds.

    Second, projects aimed at improving energy supply, housing, transportation, and business development. As a result of the agreement, the European Commission will release €10 billion in funding for Hungary. Finally, she noted that an agreement had been reached to release 4.2 billion euros in cohesion funds, and that an additional 2.2 billion euros could become available following measures related to academic freedom and university model reform.

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    Minister Accuses Brussels of Political Retaliation over Erasmus and Horizon

    Minister Accuses Brussels of Political Retaliation over Erasmus and Horizon

    Minister Balázs Hankó says the European Commission violated academic freedom by excluding 240,000 students and researchers from EU programs without legal grounds.Continue reading

    The Commission president also announced that Hungarian students will once again be able to participate fully in the Erasmus education program starting next academic year, a move critics call a confirmation of previous opinions that accused the EU of using educational funds as a means for political blackmail.

    Conservative-leaning citizens have expressed their sentiments towards the Magyar-von der Leyen relationship during a March in 2025. Photo Hungary Today

    Péter Magyar confirmed that an agreement was reached on the release of a total of 16.2 billion euros. He added that this corresponds to approximately 13% of the Hungarian annual budget. When asked by a member of press whether his government intends to implement the EU’s migration rules that have previously led to Hungary facing EU procedures and fines, he praised the migration pact by stating that it tightened EU rules on illegal migration on several points. He also stated that Viktor Orbán was right about the issue of illegal migration around 2015, and since then many European capitals, as well as the European Union itself, have taken a stricter stance.

    In his view, one of the important elements of the migration pact is a more effective protection of external borders. He also pledged to protect the external borders of Hungary and the Schengen area, and stated that there will be no migrant camps in Hungary.

    Significantly though, he did not explicitly reject the implementation of the EU’s much criticized migration pact, either by accepting unwanted migrants from Western Europe, or by paying the EUR 20,000 fine per person declined.

    This will worry many Hungarian citizens who have warned that Magyar will try to get around his pre-election promise in which he pledged to keep Hungary migrant free.

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    Péter Magyar Counts on EU Billions and NATO Course in Brussels

    Péter Magyar Counts on EU Billions and NATO Course in Brussels

    The focus of the two-day working visit is the release of blocked EU funds for Hungary.Continue reading

    Via Magyar Nemzet; Featured Image: Facebook Péter Magyar





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