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State support for Audi suspended, HVG reports

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The HUF 40 bln in support offered by the Hungarian state for the plant of German car manufacturer Audi located in Győr has been suspended, Hungarian online daily hvg.hu reported.

According to the daily, the suspension is due to Hungary officially informing Brussels in 2011 that it would pay Audi HUF 14 bln, while in fact it offered funding in the amount of HUF 40 bln. In September 2013, the Hungarian government officially informed Brussels about the revised amount.

The  European Union, however, declared the funding unlawful and unofficial. According to HVG, the Hungarian public only learned about the increased amount of support by chance, when the European Commission determined that it would begin an in-depth investigation in the matter.

Both Audi and the Ministry of Foreign Affairs reportedly declined to answer HVG’s questions regarding the sudden increase in funding.

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