The European Union’s executive arm on Sunday proposed suspending €7.5 billion ($7.5 billion) in financing for Hungary, as it awaited potential “game changer” anti-corruption reforms from Budapest. The European Union and Hungary have been at loggerheads for months, with Brussels suspecting the government led by nationalist Prime Minister Viktor Orbán of undercutting the rule of law and using EU money to enrich its cronies. The European Commission’s budget commissioner, Johannes Hahn, told a press conference on Sunday that the EU’s executive proposed suspending “the commitments for cohesion prog…