European Commission President Ursula von der Leyen held a press conference with Prime Minister Péter Magyar in Brussels after the two held talks to discuss the release of funds to Hungary. Despite many feeling the EU would place extensive hurdles in front of Magyar, he is walking away with €16.4 billion
“Hungarians made a clear decision on April 12 to return to Europe,” von der Leyen reportedly stated, as cited by Telex.
They agreed on a “robust architecture” to ensure that corruption and rule of law concerns are addressed. The Tisza government has joined the European Public Prosecutor’s Office, will strengthen the powers of the Integrity Authority, review public procurement rules, and remove public interest trusts.
“We can feel a strong wind of change across Hungary. To fight corruption. Kickstart economic recovery. And restore the rule of law,” von der Leyen posted to X.
Dear @magyarpeterMP, it has only been a few weeks.
But we can feel a strong wind of change across Hungary.
To fight corruption.
Kickstart economic recovery.
And restore the rule of law.
Today we share the progress made ↓ https://t.co/juMDTzy6pD
— Ursula von der Leyen (@vonderleyen) May 29, 2026
Magyar announced that based on the “historic agreement,” Brussels has agreed to release 16.4 billion euros, which is approximately 13 percent of Hungary’s gross domestic product.
“Today we proved that there were no ideological issues and expectations here in Brussels, but that we must ‘merely’ take action against corruption,” Magyar stated. Key to this was Hungary joining the European Public Prosecutor’s Office, which was not one of the conditions set.
The Tisza government has also indicated that it will be rejoining the ICC, an organization Viktor Orbán had quit over its arrest warrant for Israeli PM Benjamin Netanyahu.
Yesterday, Magyar also met with NATO chief Mark Rutte. “Hungary will once again be a reliable partner in the world’s strongest military alliance, he posted to X, adding that he had “informed the Secretary General that Hungary is not supplying weapons or military equipment to Ukraine.”
