Government clears expansion of MFB network in Hungary

The Hungarian government has cleared the expansion of the Hungarian Development Bankʼs (MFB) network of partners across the country to make European Union-supported financing available “as soon as possible” in a resolution published in the official gazette Magyar Közlöny, according to Hungarian news agency MTI.

MFB called a tender last autumn to establish a little more than 400 “MFB Points” throughout the country.

In a statement yesterday, the Prime Ministerʼs Office said as many as 100 more MFB Points could be opened by the end of the year.

The measure will support the governmentʼs aim to call all tenders for EU funding and financing for the 2014-2020 budget period by the middle of 2017.

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