00:01Hungarian Prime Minister Peter Medjar reached a deal with the EU to release 16 billion euros
00:08in funds frozen under the previous administration. The EU chief said 10 billion euros would be
00:15released from the bloc's post-pandemic recovery and resilience facility.
00:20So I can confirm that it is 10 billion euros that have been unfrozen or will be unfrozen
00:26from next generation EU, then the 4.2 billion from the cohesion conditionality and 2.2 billion
00:34for the academic freedom, which makes in sum then 16.4 billion euros.
00:42Von der Leyen also praised Medjar for forming a government in record time and advancing what
00:48she described as long overdue reforms within just a few weeks. Medjar won April's general election,
00:56bringing an end to Auburn's 16-year rule. The funds had been suspended by Brussels during
01:02Auburn's tenure over concerns related to corruption and the rule of law.
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