Official: EU could continue funding if issues are solved

EU

Despite reports of concerns in the European Commission about corruption, Jyrki Katainen of Finland, the ECʼs Vice-President for Jobs, Growth, Investment and Competitiveness, said in Budapest today that he believes EU funding for Hungarian tenders is being suspended for “technical issues”, according to Hungarian online daily index.hu.

Online daily hvg.hu reported late yesterday that European funding for construction on a stretch of the M4 highway was blocked because the European Commission found overpricing in the tenders.

The Hungarian government said earlier that the funding was suspended due to a "technical" matter, which is why it cancelled its contract with the EU following a cabinet meeting yesterday.

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