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Hungary Needs to Work More to Seal EU Fund Deal, Minister Says

  • Government eyes autumn deal for EU funds, Navracsics says
  • Parliament to be ready to pass anti-graft measures soon
Tibor Navracsics

Tibor Navracsics

Photographer: Thierry Charlier/AFP/Getty Images

Hungary’s chief negotiator tasked with unlocking billions of euros of aid from the European Union tempered expectations over when Budapest may clinch a deal, saying more work needs to be done.

Budapest still needs to “build confidence” over the next month-and-a-half to address graft and rule-of-law concerns to be able to seal a deal in the autumn on 5.8 billion euros ($5.9 billion) of pandemic recovery funding, EU Funds Minister Tibor Navracsics told Bloomberg in an interview on Monday.