EC approves €95 mln in funding for road upgrade in Hungary
pixabay
The European Commission yesterday approved the allocation of €95 million from the European Union Cohesion Fund to upgrade a 27 km section of road near Lake Balaton, Hungarian news agency MTI reported today.
The section of main road number 8 connects the cities of Székesfehérvár and Veszprém, in the northwest of the country.
The road is part of the TEN-T network, which aims to close the gap between member statesʼ transport networks.
“This project, forming part of the TEN-T network, will have a concrete and positive impact on industry, tourism and the quality of life of the people living in the wider east Balaton area. It will contribute to removing traffic bottlenecks, improving road safety and reducing noise and air pollution,” said Corina Cretu, EU commissioner for regional policy.
Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1
Bulgaria's Household Income, Spending Rise 20% in 2023
Job Fair and Career Prep at Corvinus Starts Tomorrow
Spago Budapest Offering Unique Sunday Brunch Experience
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
