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News Wire / economy

Hungary Risks Losing €10B In EU Funds

Radio Radicale Brussels 16d16d Impact 5

The European Commission is reviewing whether Serbia meets necessary conditions to access funds from the €6 billion Western Balkans growth initiative. Officials expressed concern regarding the current situation in Serbia. The Commission is currently evaluating if the state satisfies the requirements to obtain these financial resources. The Serbian government is utilizing strategic reform documents adopted in October 2024 to access funds from the EU Growth Plan. Serbia is actively pursuing these funds by implementing a strategic reform agenda adopted in October 2024 to facilitate EU accession. Serbia has already received approximately 110 million euros in pre-financing from the EU Growth Plan. The European Commission transferred 51.7 million euros in the first half of 2025 as a concessional loan. Denial of further funds would represent a loss for the country.

The European Commission is reviewing whether Serbia meets necessary conditions to access funds from the €6 billion Western Balkans growth initiative. Officials expressed concern regarding the current situation in Serbia. The Commission is currently evaluating if the state satisfies the requirements to obtain these financial resources. The Serbian government is utilizing strategic reform documents adopted in October 2024 to access funds from the EU Growth Plan. Serbia is actively pursuing these funds by implementing a strategic reform agenda adopted in October 2024 to facilitate EU accession. Serbia has already received approximately 110 million euros in pre-financing from the EU Growth Plan. The European Commission transferred 51.7 million euros in the first half of 2025 as a concessional loan. Denial of further funds would represent a loss for the country. Serbia has received over €3.6 billion in irreversible EU pre-accession aid over the past 12 years, specifically targeting scientific and educational programs. Brussels has issued harsh criticisms regarding Serbia's potential suspension of EU growth plan funds. This follows the Serbian Parliament's adoption of judicial laws in early 2026 without public debate or consultation with the Venice Commission. Budapest faces the potential loss of approximately €10 billion in post-pandemic recovery funds if it fails to meet an August deadline.

Topics

EU funding Western Balkans Serbia

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Sources · 7 independent

Radio Radicale

“l'iniziativa piano di crescita per i balkani occidentali che Bruxelles a pieno titolo. A questo proposito le istituzioni europee hanno stanziato 6 miliardi di euro per il periodo dal 2024 al 2027”

Radio Radicale

“Quanto al piano di crescita dell'Unione europeo. utilizzare i fondi a quelli invece che avanzano meglio. Il governo della Serbia nell'ottobre del 2024 aveva adottato l'agenda di riforme”

Radio Radicale

“Il governo della Serbia nell'ottobre del 2024 aveva adottato l'agenda di riforme, un documento strategico che riguarda gli indispensabili passi di riforme sulla via verso l'Unione Europea”

Radio Radicale

“Dal Piano di Crescita la Serbia ha ottenuto circa 110 milioni di euro nell'ambito del prefinanziamento.”

Radio Radicale

“La servia ricevuto dall'Unione Europea oltre 3,6 miliardi di euro di aiuti irreversibili attraverso diversi programmi di preadesione negli ultimi 12 anni.”

Radio Radicale

“Dure critiche da Bruxelles arrivano alla Serbia sin dall'inizio del 2026 quando il Parlamento Serbo senza alcun dibattito pubblico e consultazioni con la Commissione di Venezia ha adottato un set di leggi giudiziari.”

Mastodon

“Budapest risks losing around €10 billion in post-pandemic recovery funds if it fails to meet an August deadline.”

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