EU executive launches new bid to cut funds for Hungary over corruption


FILE PHOTO: Hungarian Prime Minister Viktor Orban pauses during a news conference after the parliamentary election in Budapest, Hungary April 6, 2022. REUTERS/Bernadett Szabo

BRUSSELS (Reuters) - The European Union executive sent a formal letter to Hungary on Wednesday, officials said, the first step of a fresh offensive to safeguard democratic checks and balances that could freeze funds for Prime Minister Viktor Orban over corruption.

Despite years of criticism by rights campaigners that he was channeling EU funds to his associates, Orban won a fourth consecutive election victory earlier this month. The European Commission responded by launching its new sanction tool.

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