Norway to Resume Grants to Hungary
Norway and Hungary have reached a 254 million euro agreement to restart a grants scheme after a decade-long pause. The deal follows political changes in Budapest and establishes new control mechanisms for funding democracy and green projects.
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Norway has agreed to resume a €254.1 million ($285 million) grants scheme with Hungary after a decade-long freeze. The funding package covers the 2021-2028 period with disbursements possible through April 2031. The deal makes Hungary the fourth-largest recipient among 15 European nations.
