Orbán cabinet: EU approval of Hungarian recovery programme hindered by political considerations
Hungary’s programme for post-pandemic economic recovery meets the criteria laid down previously in all respects but its approval is being hindered by the European Commission’s “politically motivated” considerations, Finance Minister Mihály Varga said after meeting his EU counterparts in Luxembourg on Tuesday.
The European Commission has brought up arguments that have nothing to do with previously established criteria, he said, adding that none of these reservations justify any delay in giving the go-ahead to the Hungarian programme.
The EU has a vested interest in approving national recovery programmes as soon as possible because delays would prevent it from keeping pace with economies that are able to restart more rapidly, Varga said.
Varga called delaying decisions on the recovery programmes all the more “irresponsible” as some of the countries affected had reached their pre-pandemic performance by the second half of 2021.
The Hungarian government has issued bonds to raise 4.5 billion euros so that its crucial economic, environmental, educational and health programmes should not suffer any delay, Varga said.
Read alsoPM Orbán: Hungary received very little money from Brussels for border protection
Source: MTI
please make a donation here
Hot news
What happened today in Hungary? – 19 April, 2024
British American Tobacco is expanding production in Hungary
Budapest mayoral candidate Vitézy promises thousands of units of affordable housing
Habits regarding tipping in Hungary may shock you
PM Orbán’s chilling warning: NATO is sliding into the war
VSquare: PM Orbán’s only son, Captain Gáspár, may be creating new Hungarian super secret service
5 Comments
Mihály Varga is right. EU is so slime. Reminds one of Soviet Union.
Just remind us, Istvan, of the amount Hungary has received from the EU every year.
Hungary joined a different EU to what the EU is today.
Those countries that rules Europe, has a colonialization mentality. France, Holland, Belgium, Germany.
No wonder Britain left the EU. Britain should organize another group of countries, Poland , Hungary, Czechia, Slovakia, Croatia, Serbia, Bulgaria, ect.