MTA makes plea for full research funding

Telco

The Hungarian Academy of Sciences (MTA) is asking Minister for Innovation and Technology Lászlo Palkovics not to withhold funding for the first quarter of next year from the academyʼs research network, MTA President László Lovász said after an extraordinary general assembly on Thursday.

About half of the first-quarter funding, allocated for material expenditures, not salaries, is being withheld until an agreement is reached between the ministry and the academy, Lovász said.

Responding to the academyʼs concerns, Palkovics said at a press conference on Thursday that the government will ensure the research institutions make payroll until a new structure is established, by next April according to plan. Operating costs will be covered by the academy, he added.

Early next year, new tenders will be called for funding research groups, and these will be open to everybody in the ecosystem of innovation, Palkovics said.

"The academyʼs budget is HUF 64 billion, of which a total of HUF 17 bln is earmarked for research. The academy has the resources to cover material costs for the next several months," the minister said.

ADVERTISEMENT

Almost half of Hungarians get fringe benefits, survey shows Analysis

Almost half of Hungarians get fringe benefits, survey shows

Operative corps for economic recovery decides on further mea... Government

Operative corps for economic recovery decides on further mea...

Healthcare Roadshow Highlights Innovation, Screening Awarene... Interview

Healthcare Roadshow Highlights Innovation, Screening Awarene...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.