BRUSSELS - Hungary and the European Union Commission (EU) are approaching a year-end showdown over rule of law, with billions of euros and key EU policies, such as financial aid to Ukraine, at stake.

Hungary has until Saturday (19 November) to put in motion the 17 measures that the EU Commission asked for in September as a prerequisite for not suspending an estimated €7.5 billion from the long-term EU budget over corruption and rule-of-law concerns.

The EU commission is likely to make its assessment on Hungary on 29 November, after which member states will have to decide about possible suspension of funds.