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Hungary submits new anti-graft bills to avoid loss of EU funds

Hungary submits new anti-graft bills to avoid losing EU funds By Reuters

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Economy 18 minutes ago (Sep 23, 2022 18:50)

© Reuters. FILE PHOTO: Hungary’s Justice Minister Judit Varga gives a joint press conference during a General Affairs Council in Luxembourg, June 22, 2021. John Thys/Pool via REUTERS/File Photo

BUDAPEST (Reuters) – Hungary’s justice minister has submitted a second batch of anti-corruption bills to parliament on Friday as Budapest gears up its efforts to avoid losing vital European Union funding, which could hit its currency and economy.

The EU’s executive recommended on Sunday suspending funds worth 7.5 billion euros for what it sees as Hungary’s failure to combat corruption and uphold the rule of law.

Hungary submits new anti-graft bills to avoid losing EU funds

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