EC proposes to suspend Hungary’s cohesion funds

The Brussels Times

Belgium, (Brussels Morning Newspaper) The European Commission proposed to suspend Hungary’s access to cohesion funds worth 7.5 billion euro.

Johannes Hahn, European Commissioner for Budget and Administration, noted on Sunday that the proposal is EC’s response to accusations of government corruption and violation of the rule of law, according to Reuters reporting.

“Today’s decision is a clear demonstration of the Commission’s resolve to protect the EU budget, and to use all tools at our disposal to ensure this important objective,” Hahn stressed.

Continue reading EC proposes to suspend Hungary’s cohesion funds at Brussels Morning Newspaper.