Hungary is the sole European Union member state denied access to a €17.4 billion defense financing plan, after the European Commission approved funding for France and the Czech Republic.
The SAFE program, designed to strengthen military readiness amid Russian threats, offers favorable loan terms under EU backing. France will access up to €15 billion, the Czech Republic €2 billion, with disbursements starting in April.
Brussels has not approved Hungary’s request, citing unresolved concerns. Officials confirm the review is ongoing, following Budapest’s formal inquiry this month.
Tensions escalated after reports revealed Foreign Minister Péter Szijjártó allegedly shared sensitive EU information with Russian officials. The Commission called the claims 'gravely concerning'; EU foreign policy chief Kaja Kallas demanded clarification.
Szijjártó dismissed the allegations, stating he maintains open channels with Russia, Serbia, Turkey, Israel, and the U.S., arguing Hungary must safeguard bilateral interests.
With Hungary’s general election set for April 12, opposition leader Péter Magyar leads in polls. Unlocking frozen EU funds is central to his campaign. Over €17 billion in EU funding remains suspended due to corruption and rule-of-law issues.