Mayor: BP could receive HUF 400-500 bln in EU funds
Budapest could receive HUF 400-500 bln in direct European Union funding, “rather than zero”, over the next seven years, as the new EU budgetary situation has "drastically changed" in the past week, Budapest Mayor István Tarlós told commercial broadcaster RTL II late Friday.
He cited “the most direct source” for his “good news”, however, he did not disclose further details before “the facts are sealed in a document”. Speaking about the city's current affairs, Tarlós said the three most important issues to be tackled include transportation, homelessness and flood protection against the Danube's rising water levels.
Regarding the upgrade recently initiated in Budapest’s key metro line 3, Tarlós said that "it seems that we are now going to receive help from the government", and added that Hungary’s Prime Minister Viktor Orbán promised that the state would not acquire the capital's utilities companies during the government's current cycle.
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.