EU holds up Hungary’s recovery money in rule-of-law standoff

Hungarian Prime Minister Viktor Orban addresses a business conference in Budapest, Hungary, June 9, 2021. (Photo: REUTERS/Bernadett Szabo/File Photo)

The European Union’s executive missed its own deadline to sign off on billions of euros in economic recovery aid to Hungary, delaying its decision in an attempt to win rule-of-law concessions from Budapest.

Hungary is set to receive 7.2 billion euros…