EU Council amends Hungary recovery plan funding

The Council of the European Union has approved an amended assessment of Hungary’s recovery and resilience plan and updated the associated EU funding amounts.

• Main action: Hungary submitted a new RRP on 9 June 2026; the Commission found the request justified and the Council decision will replace the Annex of the 15 December 2022 implementing decision.
• Funding and scope: the new RRP has an estimated total cost of EUR 10,000,000,000; the EU non-repayable contribution is set at EUR 6,511,661,435 and the loan at EUR 3,488,338,565.
• Content of the plan: the plan includes reforms and investments in renewable energy, grid development, energy storage, public transport, digitalisation, AI Gigafactory/EuroHPC, IRIS², healthcare, anti-corruption, and judicial independence.
• Climate and digital shares: climate-related expenditure is 52.9% of the total allocation and digital objectives account for 24.1%; the REPowerEU chapter is valued at EUR 704,510,828.
• Context: this is a formal Council Implementing Decision and not a standalone corporate announcement; it updates earlier EU approvals from 15 December 2022 and 8 December 2023.