# EU in talks with Hungary’s ‌Péter Magyar on workaround for frozen funds.

*biotech · news · 2026-04-30 · Devdiscourse*

## Key points

- The EU is negotiating with Hungary's Péter Magyar to keep €10 billion in Covid recovery funds accessible.
- The Bank of England opposes the FCA's plan to reduce capital requirements for trading firms like Citadel Securities.
- AstraZeneca will invest £300 million to resume expansion of its Cambridge R&D site after new NHS drug pricing.
- DCC is reviewing a cash takeover offer from a consortium including KKR and Energy Capital Partners.

**Companies:** AstraZeneca, DCC, KKR, Citadel Securities, Jane Street, Hudson River Trading
**Countries:** Hungary, United Kingdom, Ireland, United States

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/law-order/3891498-press-digest-financial-times---april-30)

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