EU moves to strip Hungary of €7.5 in funds over corruption | DW News

DW News published this video item, entitled “EU moves to strip Hungary of €7.5 in funds over corruption | DW News” – below is their description.

The European Union has recommended suspending 7.5 Bbillion euros in funds to Hungary over corruption allegations.

Hungarian Prime Minister Viktor Orban is accused of mismanaging EU funds and dismantling democratic institutions. The money is intended to bring Hungary’s economy and infrastructure up to the bloc’s standards. The suspension must be approved by a majority of EU member states within three months.

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In This Story: Hungary

Hungary is a landlocked country in Central Europe. Its capital, Budapest, is bisected by the Danube River. Its cityscape is studded with architectural landmarks from Buda’s medieval Castle Hill and grand neoclassical buildings along Pest’s Andrássy Avenue to the 19th-century Chain Bridge. Turkish and Roman influence on Hungarian culture includes the popularity of mineral spas, including at thermal Lake Hévíz.

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