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Final decision on BKV financing to be taken by September

A final decision on the financing of the Budapest Public Transport Company (BKV) will be taken by September, Budapest mayor István Tarlós said on Wednesday, after a five-hour cabinet meeting during which the government hashed over the company as well as big investments in the capital.
Tarlós said it was reassuring that the central government had delivered the same assessment of the situation as the local government. He added that both sides expressed similar preferences regarding the several possibilities for a substitute to the earlier planned congestion fee, which was shelved because of concerns it could make the capital's new metro line ineligible for European Union funding.
Tarlós did not reveal any further details about the possible substitutes. "I think that on the basis of what was heard at the cabinet meeting, it will not be difficult to reach an agreement," he said. He added that the talks took place in a good spirit and showed clear progress.