Norway announced today that it will resume financial cooperation with Hungary to support the democratic reforms of the Peter Magyar government after years of blockade under Viktor Orban. The agreement involves EUR 254.1 million and aims to strengthen democratic institutions and press freedom.
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26/10/2026
by
Lusa
A Norway announced today that it will resume financial cooperation with Hungary to support the Democratic reforms of the government of Peter Magyar, after the years of blockade under Viktor Orban.
The Scandinavian State had suspended financial aid to Hungary in 2014, when the Hungarian government was run by Orban, for disregarding the fund management agreements.
On Monday, in Budapest, the Norwegian Foreign Minister, Espen Barth Eide, signed a new agreement with Hungarian Finance Minister Andras Karman, involving the amount of EUR 254.1 million.
Cooperation will focus on strengthening democratic institutions, the rule of law and good governance, as well as freedom of the press.
After Peter Magyar's victory in the April parliamentary elections, the European Commission proposed in September to unlock EUR 4.2 billion for Hungary.
These funds had been blocked in various proceedings against Viktor Orban's policies, particularly incidents on the rights of LGBT+ people and asylum seekers, as well as conflicts of interest.