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Gov't inviting EU tenders before final OK

Initiatives

The Hungarian government is expected to invite tenders worth HUF 500 bln-HUF 1 trillion for the 2014-2020 European Union funding period before the European Commission approves all the operative programmes, deputy state secretary Nándor Csepreghy said in Székesfehérvár on Monday.

The government will submit all ten operative programs to Brussels by the end of October, and, depending on the negotiations with the Commission, they could be approved within 3-4 months, the deputy state secretary said.

The partnership agreement on the framework of EU funds available to Hungary in the 2014-2020 EU budgetary period were signed on September 11, but the operative programs which outline the details and concrete measures are yet to be approved by Brussels.

The government had decided to publish tenders from the first week of October at the risk of the Hungarian central budget, and invited the first tenders last week. Every upcoming government meeting will discuss which tenders could be launched, as ones likely to be cleared later by the Commission, at the risk of the Hungarian central budget, Csepreghy said.

All tenders of the ten operative programs are expected to be invited by January-February of 2015, he said. The EU funding as well as co-financing is set to reach €34.5 bln during the seven-year period.

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