ADVERTISEMENT

Report: No agreement between Tarlós, government

Telco

No agreement has been reached between the Hungarian government and the General Assembly of Budapest on financing the capitalʼs public transportation (BKK), Budapest Mayor István Tarlós said in an interview with Inforádió, Hungarian online daily origo.hu reported yesterday.

According to Origo, Tarlós said that the Prime Minister is not responsible for the delay in drafting the agreement, however, the mayor said, someone in the prime minister’s office is misinforming him. Tarlós noted that a significant amount of money has been missing from BKK for 26 years. He also emphasized that the previous municipal government used loans to finance public transportation in Budapest.

Tarlós added that the annual financing of BKK costs the government HUF 140-150 bln.

On Tuesday, the General Assembly of Budapest voted in favor of the Budapest Olympic Games 2024 and offered HUF 774 bln for the event. According to Index.hu, after the vote, Tarlós announced that he cannot guarantee that the BKK will not reduce its transportation lines due to the HUF 20-25 bln missing from the BKK budget.

ADVERTISEMENT

Regional income disparities remain pronounced Analysis

Regional income disparities remain pronounced

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.