Webinar about benefitting from EU recovery funds in Hungary approaches
The Embassy of the Kingdom of Belgium, BELGABIZ/Belgian Business Club in Hungary, the Embassy of the Kingdom of the Netherlands and Dutcham/Netherlands-Hungarian Chamber of Commerce are set to organize an informative webinar on May 10, entitled "EU budget 2021-2027 - How to benefit from the recovery funds in Hungary?".
The EU’s long-term budget, coupled with NextGenerationEU, the temporary instrument designed to boost the recovery, will be the largest stimulus package ever financed through the EU budget. A total of EUR 1.8 trillion will help rebuild a post-COVID-19 Europe. The aim of the fund is to create a greener, more digital, and more resilient Europe.
At the heart of Europe's recovery plan is the EUR 672.5 billion Recovery and Resilience Facility to help get the economy back on track, made up of EUR 312.5 bln in grants and EUR 360 bln in loans.
To access the money, member states need to prepare national recovery plans showing they will allocate at least 37% of the funds to the transition to a greener economy and at least 20% to initiatives to digitize their economies.
Some questions investigated b the webinar will be: "How does it all work in practice?", "When should you consider opting for green financing projects?", "How can you apply for EU funds in Hungary?".
After the welcoming words of Dutch ambassador René van Hell, the first speaker of the webinar, Riccardo Papa, vice president of sustainable finance at ING Wholesale Banking will showcase the possibilities when opting for green financing could be a smart choice.
His presentation will give insights to the process how the popular green buzzwords can be implemented into reality.
Miklós Andorka, strategic director of MAPI will present how Hungarian companies can successfully apply for the available EU funds in the period of 2021-2027.
After the Q&A session, Belgian ambassador Siegfried Peinen will wrap up and close the webinar.
Participation is free of charge but subject to online registration, which is available here.
The webinar will be held in English via the ZOOM platform.
The link to join the webinar will be sent out by e-mail before the event.
Should you already have questions, please send them to beata.rakos-szegleti@dutcham.hu.
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