EU to release €16bn to Hungary previously frozen under Orbán

Decision comes as police announce policy U-turn to allow Pride parade to take place in Budapest

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The EU is to release more than €16bn to Hungary that had been frozen under the rule of Viktor Orbán, with Ursula von der Leyen hailing the “winds of change” in the country since the election of Péter Magyar last month.

The decision, described as a “historic breakthrough” by the new prime minister, comes as police in Hungary have said they will allow next month’s Pride parade in Budapest to take place. Last year they sought to block the event on the orders of the government of the rightwing Orbán.