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Peter Magyar heads to Brussels to reset EU ties and unlock 18 billion in frozen funds
International
Published on 29 April 2026
Orban is out and the EU money could move fast
Hungary’s incoming leader Peter Magyar arrives in Brussels for his first meeting with EU officials, aiming to thaw relations after Viktor Orban’s 16-year nationalist tenure. With Orban’s Kremlin-friendly alignment now ended, EU leaders are welcoming Magyar and pushing momentum toward unlocking about 18 billion euros in frozen funds—if negotiations break through quickly.
- Peter Magyar makes his first EU visit after winning Hungary’s election
- EU leaders seek a reset after years of bad relations under Viktor Orban
- Talks could help unlock around 18 billion euros in frozen EU funds
- The shift marks a major political break from Orban’s Kremlin-friendly stance
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times