Report: Government clears obstacles to EC rural funds

Ecosystem

The Hungarian government removed all remaining obstacles that prevented the European Commission from approving Hungary’s national development funding program for the fiscal period of 2014-2020, government-friendly economic daily Napi Gazdaság reported on Saturday.

Now that all professional and technical questions regarding the program have been cleared up, tenders for funding are being prepared and the first invitations are expected to be called in the fall, the Prime Minister’s Office told the paper.

Approximately HUF 1.3 trillion is available for rural development during the 2014-2020 funding period, according to the paper. The report added that job creation and preservation are among the chief goals of the program.

MNB Business Confidence Index Slips in March MNB

MNB Business Confidence Index Slips in March

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Richter Shareholders Approve HUF 423/Share Dividend Pharma

Richter Shareholders Approve HUF 423/Share Dividend

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

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.