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Government plans to call all EU funding tenders for 2014-2020 by mid-2017

Telco

The Hungarian government is planning to call all tenders for the 2014-2020 EU funding period by June 30 in 2017, deputy state secretary Nándor Csepreghy told state-owned all news channel M1 yesterday evening.

The state secretary said that companies will be able to bid for 60% of the more than HUF 12 trillion in development funds available in the framework of the European Union’s 2014-2020 funding period.

Csepreghy added that the remaining 40% will be used by the state in a manner that will support economic development.

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