• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
Socialist MEP: ‘Orbán govt responsible for Hungary losing all EU funds’Socialist MEP: ‘Orbán govt responsible for Hungary losing all EU funds’Socialist MEP: ‘Orbán govt responsible for Hungary losing all EU funds’Socialist MEP: ‘Orbán govt responsible for Hungary losing all EU funds’
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Support us
Daily News Hungary Daily News Hungary · 28/07/2022
· Politics

Socialist MEP: ‘Orbán govt responsible for Hungary losing all EU funds’

EU funding European Union Hungary money Viktor Orbán

The responsibility will lie entirely with the Orbán government, if the EU freezes all the funding Hungary is entitled to receive, an MEP of the opposition Socialists said on Thursday.

“It is more important for the government to cement its power than reaching an agreement with the EU to release the funds,” István Ujhelyi told a press conference. Ujhelyi said that in the worst case scenario, Brussels “may freeze all funding for Hungary which amounts to HUF 6,000 billion (EUR 14.85bn) in the common recovery fund and some 13,000 billion earmarked during the next EU budgetary period”.

  • Read also: Hungary will not give gas to anybody, minister said

As a result, Hungary would have to cancel development projects, Ujhely said, adding that the national currency and international confidence in the country could further weaken. Inflation could also rise, which the government will address through “taking out expensive loans”, he said.

Ujhelyi demanded that all correspondence between EU institutions and the Hungarian government regarding the rule of law procedure against the country should be made public. It would show what criticism and requirements Brussels had put forward and what response the government had given to them, the MEP said.

Putin Orbán
Read alsoOrbán’s Tusványos “racist” speech well received by Russian state TV

Source: MTI

EU funding European Union Hungary money Viktor Orbán
Share
Daily News Hungary
Daily News Hungary

Related posts

Kristóf Szalay-Bobrovniczky, the candidate for defence minister
10/08/2022

First PzH2000 self-propelling gun arrives in Hungary


Read more
President János Áder and PM Viktor Orbán
10/08/2022

Hungarian opposition LMP turns to former president over tree-felling decree


Read more
Orban meets Trump
10/08/2022

Political scientist: Trump may visit Hungary soon


Read more

2 Comments

  1. mariavontheresa says:
    28/07/2022 at 20:28

    No amount of money makes up for ceding sovereignty. Why is Hungary still in the EU? There does not seem to be an advantage for the membership. Marxist socialist Brussels is an oppressor.

  2. By all means! says:
    30/07/2022 at 02:18

    There is nothing stopping Hungary from leaving the EU and getting the same amount of financial support from Putin and Xi Jinping, and “not” 😉 ceding sovereignty to Russia and China. Putin’s army should feel quite at home after their first stint.

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.


Latest news
  • These are the most dangerous roads in Hungary
  • Sziget Festival opens with 95,000 visitors — PHOTO GALLERY
  • Kyrgyz cultural festival in Budapest
  • First shipment of liquefied natural gas from Croatia arrives in Hungary!
  • Wizz Air plane badly damaged by the weather — PHOTOS
  • Budapest Airport passenger numbers close to 1.3 m in July
  • What happened today in Hungary? – August 10, 2022
  • First PzH2000 self-propelling gun arrives in Hungary

About us

Contact us

© 2022 DailyNewsHungary. All rights reserved!