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Budapest budget shortfall at least HUF 55bn-60bn

Asked how the city planned to plug the gap, Atkári said state support would “obviously” be necessary, but the city could not avoid reducing spending by “cancelling” some of its tasks.

Asked which tasks would be affected, Atkári said that was not his responsibility to decide.

Asked if this could mean projects already started could be stopped, Atkári said very few big projects started by the city could be stopped, legally or financially, and these would generate little savings.

Work on the first section of the capital's fourth underground line is so advanced that stopping it would not create any savings, he said. It would be “very painful” to table the second stretch of the line and the city would lose EU funding for the project, he added. (MTI-Econews)