Fidesz politician welcomes EC’s unlocking of funding
Regional Development Minister Tibor Navracsics has welcomed the European Commission’s Wednesday announcement on unlocking part of cohesion funding for Hungary, saying that Hungary could now start implementing several of its goals.
He reacted to the announcement that “Hungary has adopted reforms related to judicial independence which means that part of the Cohesion Policy funding would no longer be blocked, and therefore Hungary may start claiming reimbursements of up to around 10.2 billion euros”.
“We can be proud that after tough talks over another one year, the European Commission has acknowledged the fulfilment of the horizontal enabling condition which allows Hungary to access some HUF 4,000 billion in EU resources,” Navracsics said on Facebook.
He said the EC’s decision would allow Hungary to use cohesion and the recovery funding for purposes that would strengthen the Hungarian economy and “make Hungarian people happier”.
Source: MTI
please make a donation here
Hot news
Hungary calls for stronger nation-state sovereignty in the EU, rejects treaty changes for political power shift
All Saints’ Day and clock change: Changes to Budapest transport timetables
National Bank of Hungary: Maintaining banks’ strong capital position ‘pivotal
Top Hungary news: magnificent castles, new flights to Budapest Airport, 15th-century sword and change in bottle redemption system – 28 October, 2024
Orbán cabinet: Ill-advised policies jeopardising European Union’s existence
Drivers watch out! 26 fixed speed cameras to be installed in Budapest