Commissioner puts cost of Hungary EU presidency at €70-75m
Hungary's Presidency of the Council of the European Union in the first half of 2011 cost €70-75m, including preparations that started as early as 2007, Ferenc Robák, government commissioner in charge of operative affairs for the presidency, said at a press conference on Friday.
Robák said the government approved a report on the operative, logistics and communications tasks of the presidency at a cabinet meeting on Wednesday.
All of the EU member states that have taken the rotating presidency in recent years have spent more than €100m on tasks related to the six-month terms, including preparations, he added.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.