Hungarian counties lose control over EU funds on administrative error
Hungary's newly established county system will lose out on disposition over European Union funding for regional development, business daily Napi Gazdaság reported on Tuesday.
The paper said that the Hungarian government had missed the deadline at the start of the year when it should have notified Brussels of changes in the country's administrative system, namely that in future it will be seeking to receive funding on the basis of a network of counties instead of regions.
Hungary's new local government had assigned the task of regional development to counties, but they will not be able to dispose over EU funds, only national funding, the paper said. Channeling EU development funding will continue to stay in the scope of Regional Development Councils, it added.
András Tállai, state secretary at the Interior Ministry, admitted the fault, but said that keeping decisions on EU funds at a regional level will not cause any hitches in their distribution. He insisted that in 2012-2013 Regional Development Councils will coordinate EU funds and in 2014, after local elections, changes to the county system are expected to be fully put into place.
ADVERTISEMENT
Number of Road Accidents Involving Injury Edges Higher in Q3
Gov't Keeps Rate on General-purpose Student Loans at 7.99%
Hungarian Companies Participate in EU Cloud Computing Projec...
Budapest Police Seize Nearly 155 kg of Cocaine in Drug Bust
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.
