The Budapest city council is preparing 27 large projects totalling more than €50m, the city’s mayor, István Tarlós, said on Monday. Budapest will apply for funding available in the 2014-2020 European Union budget period for the projects, Tarlós said. Among the large projects planned, he cited the reconstruction of metro lines 1 and 3, new acquisitions and modernisation of trams and trolley buses, the extension of Budapest’s sewage system, the revamp of Chain Bridge and the tunnel under Castle Hill and the modernisation of public utility networks.