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politics1d ago
EU Parliament questions defence loan's '€17 billion gift' to Hungary
- The European Parliament is examining Hungary’s €17.4 billion SAFE request for defence funding amid concerns about conditionality and use in the upcoming election.
- Greens urge robust safeguards, warning the funds could be used for Orbán’s campaign without human rights conditionality.
- Parliament plans a debate next week in Strasbourg on SAFE funds and potential safeguards before disbursement.
- EU Commission delays on Hungary decisions are linked to avoiding interference with Hungary’s election campaign.
- If approved, the first defence payments could occur in the first quarter of this year, before Hungary’s April elections.
- The debate centers on whether funds should come with human rights and anti-corruption safeguards.
- Hungarian Prime Minister Viktor Orbán faces a pivotal election in April with scrutiny over EU funds.
- The European Commission has postponed most Hungary-related decisions to avoid election interference concerns.
- Defence spending remains a strategic goal of the von der Leyen Commission, making SAFE an exception.
- Parliamentary debate will occur without a resolution at this stage, signaling cautious approach.
- The EU suspended portions of Hungary’s funds due to rule-of-law concerns, highlighting ongoing governance worries.
- The debate drew broad political support from mainstream parties despite Green-led concerns.
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