A cut in EU development funds has some European leaders worried
Representatives of four central European nations known as the Visegrad group have said the EU Commission’s plan to cut development funds by 20 percent in 2021-2027 financial cycle is “unacceptable” amid a slowing worldwide economy.
Horcsik noted in a press conference after the meeting that the V4 were "living learners" of the EU and its cohesion funds, spending significant amounts on modernizing their underdeveloped regions. Hungary was part of the Warsaw Pact during the Cold War, meaning it was in the Soviet bloc of influence. These funds are used for infrastructure and environmental projects, and Orban has used them expertly, Pogatsa said.
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