EU Says Hungary Made 'Significant Step' To Get Recovery Funds, Says Source

Hungarian Prime Minister Viktor Orban (file photo)

Hungary made a "significant step" toward securing billions of euros in economic stimulus funds by accepting European Union demands on the independence of the judiciary, an official with the bloc told Reuters on November 11. That bodes well for finalizing negotiations between Prime Minister Viktor Orban's government and the Brussels-based European Commission on some 6 billion euros ($6.2 billion) in economic aid envisaged for Budapest but frozen over rule of law disputes. To read the original Reuters story, click here.