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The Long-Awaited Decision Has Been Made: New Money Taps Will Open for Hungary and the Gates for Students

Summary by Portfolio
At its meeting in Luxembourg on Tuesday, the General Affairs Council of the European Union (GAC) approved the release of 4.2 billion euros of cohesion funding for Hungary, while removing restrictions that exclude Hungarian universities that have changed the model from Erasmus+ and Horizon Europe programs. The ministers of the Member States reviewed the rule of law procedure launched against Hungary in 2018, which also threatened to suspend the r…

9 Articles

Lean Left

This decision also means that Hungarian university students can once again participate in Erasmus.

·Hungary
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Center

At its meeting in Luxembourg on Tuesday, the General Affairs Council of the European Union (GAC) approved the release of 4.2 billion euros of cohesion funding for Hungary, while removing restrictions that exclude Hungarian universities that have changed the model from Erasmus+ and Horizon Europe programs. The ministers of the Member States reviewed the rule of law procedure launched against Hungary in 2018, which also threatened to suspend the r…

·Budapest, Hungary
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The European Union has approved the release of 4.2 billion euros of previously frozen cohesion funding for Hungary and reopened the Erasmus+ and Horizon Europe programmes to the universities that are changing the model. The decision is a recognition of the rule of law reforms of the government led by Péter Magyar, but at the same time no decision has yet been made on the closure of the so-called Article 7 procedure launched in 2018, Portfolio re…

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The Erasmus+ and Horizon Europe programs will be available again for Hungarian university students and researchers.

The General Affairs Council of the European Union approved the release of 4.2 billion euros of cohesion funds due to Hungary at its meeting in Luxembourg on Tuesday. The decision also removes measures restricting the participation of Hungarian universities that have changed their model in the Erasmus+ and Horizon Europe programmes. However, the ongoing Article 7 rule of law procedure against Hungary has not yet been concluded.

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Portfolio broke the news in Budapest, Hungary on Tuesday, October 13, 2026.
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