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An EU deadline for Hungary to show it has implemented anti-corruption reforms in order to unlock funds from the bloc has been extended to December 19, diplomats said on Wednesday.
The decision has to be officially adopted by EU member states.
The member states originally had until October 18 to determine that Budapest had made the changes to receive 7.5 billion euros ($7.3 billion) in EU financing, or to extend the deadline by two months.
Hungary’s economy is faltering, with soaring inflation and a sinking currency, leaving it in need of the EU money.
The EU’s budget commissioner, Johannes Hahn, has said the measures proposed by Hungary to reduce graft appeared “in principle” to be sufficient, if correctly applied.
The Hungarian government led by Prime Minister Viktor Orban introduced 17 measures to address corruption concerns raised…
