Incoming PM Peter Magyar begins EU talks on frozen funds

Peter Magyar is meeting EU officials today to discuss unblocking frozen funds. He aims to resolve disputes over media and judicial laws before taking office.

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Incoming Prime Minister Peter Magyar has initiated preliminary discussions with European Union officials in Budapest, signaling an urgent effort to release billions of euros in frozen funds. Following a decisive electoral victory on April 12 that ended the 16-year administration of Viktor Orban, Magyar emphasized that his transition team has no time to lose in resolving long-standing disputes with the bloc.

Peter Magyar, leader of the TISZA party, delivers a speech at a campaign event in Budapest, Hungary, February 2026. REUTERS/Bernadett Szabo/File Photo
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