Ombudsman asks gov't to discuss Norway funds

Awards

The governments of Hungary and Norway must consult on the interpretation of an existing contract that governs the management of Norway Funds, the ombudsman for basic rights was reported as saying.

Ombudsman László Székely issued an opinion on July 23 in which he stated that nothing in the contract refers to the Government Control Office (Kehi) in the role of a supervisory body overlooking the use of Norway Funds for the current period, human rights watchdog Transparency International (TI) reported on its website on Monday.

Székely said the Norwegian financial mechanism is governed by international contracts that Hungary had produced for the 2004-2009 and 2009-2014. In the first period, the Kehi was assigned the supervisory role, but in the second period Hungary’s Directorate General for the Audit of European Union Funds (EUTAF) was designated for the role, the ombudsman said.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo... Government

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

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.