In total, from 6.3 billion euros of funds frozen because of claims to the rule of law, Hungary will lose EUR 1.04 billion. These funds were to be mastered by the end of 2024, but because of non -fulfillment of financing conditions will be frozen forever.
The economic situation in Hungary is deteriorating: budget deficit exceeds 4.5% of GDP, and the economy is in technical recession after reduction by 0.7% in the third quarter of 2024.
In addition, Hungary loses 1 million euros daily due to violations of the shelter seekers. By the end of the year, these losses will reach 200 million euros, not taking into account the European Court of Court of 200 million euros imposed for ignoring asylum decisions.
Due to the lack of funds, the country has already abandoned a number of infrastructure projects, including rail communication between the Budapest Center and the Airport.
At the same time, the Hungarian government accuses the EU of political pressure. EU Minister Janos Boka said that financial restrictions were "difficult not to be perceived as discrimination."
Prime Minister Viktor Orban is trying to compensate for the losses by attracting investments from China and other Asian countries, but experts doubt their ability to replace European financing.
