Nándor Csepreghy, deputy state secretary at the Prime Minister’s Office in charge of development programs, said in a news portal interview on Friday that the suspended payments totaled around HUF 400 billion. The deputy state secretary said the government expected to reach agreement to regain access to the suspended financing at a meeting with EU Commissioner for Regional Policy Johannes Hahn on September 9.
The government has said it is ready to accept an EU fine of between HUF 50 billion and 100 billion to regain access to the money, vital to the country’s economy. The official said the government took over the management of 59 EU-funded projects from local governments because they failed to manage the programs properly. There were severe delays in implementation, he said.
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