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Daily News Hungary Daily News Hungary · 11/05/2023
· Society

Hungary to come clean to Brussels within a month

The amendment of the law on the judiciary ensures that Hungary will comply with all requirements for the disbursement of European Union cohesion funds “within weeks”, the head of the Prime Minister’s Office said on Thursday.

Although the “demands were baseless”, Hungary has complied and often exceeded requirements, Gergely Gulyás told a regular press conference. “In about a month’s time, we hope to be able to send invoices to Brussels and get payment in return,” he said.

The funding would flow from sections of the EU’s budget for the 2021-2027 financial cycle that do not fall under the conditionality procedure regarding the state of the rule of law but from its Resilience and Recovery Facility set up against the economic fallout of the coronavirus pandemic Gulyás said.

The government aims to ensure access to all resources, he added. “There is serious opposition to that in Brussels and among Hungary’s leftist opposition, but we ask them to stand on the side of Hungarian teachers, health care and economy,” he said.

The government is extending a freeze on interest rates for small and medium-sized companies and will keep it in place until the base rate drops under 10 percent, the head of the Prime Minister’s Office told a regular press briefing on Thursday.
The freeze was set to expire on June 30, Gergely Gulyás noted.

The pace of inflation and, consequently, the base rate make it impossible to scrap the measure, he said.

As soon as the central bank base rate drops under 10 percent, the government will phase out the freeze on interest rates. The government expects inflation to fall into single digits by the end of the year, he said.

Source: MTI

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3 Comments

  1. Forked Tongue Agenda : says:
    11/05/2023 at 17:53

    The government aims to ensure access to all resources, he added.
    “There is serious opposition to that in Brussels and amongst Hungary’s leftist opposition, but ask them to stand on the side of Hungarian teachers, health care and economy,” he said.
    Words of Gergely Gulyas.

    Gergely Gulyas – Head of the Prime Ministers Office, a Minister with reputation, that continues to dismiss CANDOUR – and operates through False and Misleading propaganda, it is known and obvious Gulyas reputation in Brussels is rightfully SHATTERED.
    A “founding” Father of Fidesz, on there knees to survive just not in Hungary, but within the European Union, this Minister – Gergely Gulyas is an EMBARRASSMENT.

    Gergely Gulyas – points the finger of BLAME to the leftist opposition in Hungary.
    Gulyas – is saying we must look after our teachers, health workers and our economy.
    This is ALL quite a PATHEDIC argument or Defence that this Minister is presenting, that exposes him and the Orban Government, that the SERIOUS question can and should be asked – who created ALL this cataclysmic MESS – that the bringing into this HORRENDOUS situation, through a Governments neglect and corruption – this Minister uses words like “stand on the side” of teachers, health cate and the Economy – Laughable.

    Gergely Gulyas by far not the “smartest tool in the tool box” at any time, but to throw this OUT into the Citizens arena – the population of Hungary, at this “perilous” point in time, just confirms the Frustrated and Confused and Desperate Position – the Orban Government FACTUALLY finds its self in, at this point in time.

    The practice of DEMOCRACY – by the Laws of membership of the European Union.

    Hungary – with the likes of Gergely Gulyas just EXHIBIT reasons why Hungary can’t AGAIN return nor be seen as a supporter member of the European Union – through the acts of DESTRUCTION practiced by the Orban/Fidesz Party.

  2. mariavontheresa says:
    12/05/2023 at 05:42

    Hungary should tell Brussels where to go (politely).

  3. Norbert says:
    12/05/2023 at 13:34

    Our Politicians should threaten to leave the EU, Schengen and the EU Customs Union! We will show them!

    Seriously though – by now, it should be pretty clear to everyone who funded our economic growth, all these years. Our Politicians were always quick to claim credit, however If we cannot even ensure reasonable pay to teachers without EU funds … That’s a bit of a giveaway, is it not?

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