ITM, capital gov't agree on support for public transport

City

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After a long debate, both the government and the capital signed a draft treaty on state support for public transport in Budapest, according to business daily Világgazdaság.

This took place after Minister for Innovation and Technology László Palkovics held talks with Mayor Gergely Karácsony earlier this week.

Thus, the administrative obstacle to the central budget disbursing Budapest's annual contribution of HUF 12 billion to the operation of public transport has been removed.

The anticipated arrival date of the support is not yet known; Karácsony said after the consultation that he hopes the money will arrive later this year.

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