euro money bond

Asked about the renovation of Budapest’s iconic Chain Bridge, Gulyás said the government wants the municipal council to renovate the bridge, noting that it had offered the same amount of funding for the project as it had to the administration of former mayor István Tarlós.

But, Gulyás insisted, the city council had “done nothing but pay lip service” to the project in the recent period. Despite having six times the funding needed for the renovation in its bank account, the city council has yet to launch the public procurement tender, he added.

The city council is “happy” to enter into disputes with the government, Gulyás said, adding that it would be “preferable” if the city leadership chose a matter other than the Chain Bridge for this.

Budapest, Chain Bridge, view, bridge
Read alsoPedestrians to be banned from Chain Bridge, Budapest

Gulyás said the structural issues with the bridge along with the dangers of falling debris from it warranted starting the renovation as soon as possible, adding that all the funds necessary for the project were available.

On the topic of rising parking fees in the capital, Gulyas said the fee hikes “will not solve anything”, adding that the metropolitan council had implemented a number of measures in the recent period that had led to more traffic jams in the city.

Parking fees are barely affordable as is, he said, adding that the government did not support any further hikes.

On the subject of left-wing districts requesting that the state compensate them for their losses incurred during the epidemic, Gulyás said the losses sustained by local councils were “relatively modest” compared with those incurred by the state.

Asked about the Budapest city assembly’s decision to set up a committee to investigate suspected cases of corruption in recent years, Gulyás said: “Any one is free to investigate anything” and wished the committee “good luck”.

Asked when the council overseeing public developments in Budapest would meet next, Gulyás said Budapest Mayor Gergely Karácsony had earlier visited a meeting and asked for it to be postponed. The government is not opposed to engaging in dialogue with the city council, he said, adding that if the council was prepared to cooperate, the next meeting would be held in September.

Asked about the new operational structure of certain universities, Gulyás said that having the institutions be governed by foundations would boost their autonomy and limit government intervention. The prime minister’s presence on the board of trustees of some of these foundations could be of help to the universities, he added.

Asked if the forint’s weakening after the central bank’s base rate cut earlier this week presented a risk to the economy, Gulyás said the government did not interfere with the bank’s monetary policy.

businessman euro money
Read alsoHungarians support joining the EUROzone? – Survey

Asked about Hungary’s euro zone aspirations Gulyás said the government had not yet made a decision on whether or not the country should adopt the common currency.

Though Hungary meets the requirements to join the zone, the government has seen the problems caused by the currency’s introduction elsewhere.

On another subject, Gulyas said the number of active jobseekers was down last week. Though the goal is not for the government to provide employment for those looking for work, it is prepared to do so if necessary, the PM’s Office chief said, adding that the government had implemented the necessary measures for this in the recent period.

Asked about a tourism tender where the winning bids were all Fidesz-led local councils, Gulyás said the Hungarian Tourism Agency (MTU) had been expected to assess all bids on the basis of professional criteria. Now is the time and opportunity to support hotels, Gulyás said, pointing out the industry had lost out on 3-4 months’ worth of business.

Concerning the port and logistics base Hungary is establishing in Trieste, Gulyás said helping Hungarian businesses get their products out onto the markets would boost foreign trade.

The government has so far paid off 25 million euros of the 31 million euro sales price for the 32 hectare plot, he said.

Commenting on the situation surrounding news portal Index, whose CEO has recently stepped down, and the suggestion that the government was looking to limit the independence of the portal’s editorial team, Gulyás said the government’s only job was to ensure the freedom of the press, which he said was guaranteed by the constitution and the country’s media law.

The government cannot get involved in matters concerning the press, he said, arguing that doing so would be a violation of press freedom. Gulyás underlined the importance of a diverse media landscape, saying that he believed Hungary had greater media diversity than western European countries.

Source: MTI

  1. This 2nd worst decision the Hungarian government would ever make is joining the Euro club, it will devastate the economy and hurt the elderly pensioners. PLEASE, PLEASE DON’T destroy the Hungarian nation by joining the Euro currency trap.

    The worst decision Hungary ever made in the last 25 years was joining the European Union. Time for Hungary to say good bye to the Brussels dictatorship of Soro’s owned puppets once and for all.

  2. JACK RUSSEL, indeed. But, by the way, while saying “good bye” to the EU, one should take into consideration that it will mean saying “good bye” to the EU funding… I am not sure that the country is ready for cutting its income. There is no free lunch.

  3. EU money always comes with strings attached. Hungary should live within its means and not off the backs of citizens of other nations. Better to drive a 10 year old VW than a brand new BMW that comes with a high cost.

  4. In the modern world it is almost impossible for a small country to survive without being in any kind of union. That’s how the Globe works. Especially if the country doesn’t have any natural resources or any other outstanding assets. This fact may sound disappointing, but that is the matter of fact.

  5. If you want to get more eu support you have to use euro. You can not get support all the time. With two currencies government is more flexible yes, but its to disadvantage of hungarians. Why, the young go to britain germany to earn euro.

  6. Sza ato, Only a fool wants EU support, that means you have to do what Brussels wants. The EU money is a trap. Only a fool takes money from Brussels. Hungary should NOT be part of the European Union.

  7. JACK RUSSEL, good intention 🙂 Although the country has been receiving funds from the EU on a permanent basis during several years. And according to my understanding the country is not going to refuse from these funds.

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