Europe Warns Hungary It Risks Losing Funding Amid Values Clash
- Von der Leyen warns on financing from stimulus package
- Commission head says may trigger the process in the fall
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The European Union is stepping up its fight against countries that don’t adhere to democratic standards, warning Hungary that it could start a process in the fall to withhold funding from the bloc’s budget.
“Measures must be taken if it’s established that breaches of the rule of law in member states affect or seriously risk affecting the sound financial management of the Union budget or the financial interests of the European Union,” European Commission President Ursula von der Leyen told lawmakers Wednesday in Strasbourg.