ADVERTISEMENT

Lázár: Government initiated EC investigation over Paks II

Parliament

The Hungarian government asked the European Commission to investigate suspicion of unlawful use of state subsidies in relation to the expansion of Hungary’s sole nuclear power plant Paks, Cabinet Chief János Lázár reportedly told journalists today during his weekly regular press conference.

Online news portal origo.hu reported that Lázár said he hopes that the European Commission will make an “unbiased decision”, even if there are “opposition MPs in Hungary who would be happy if the investment never took place, thus new jobs would not be created.

It was reported earlier that the investigation was launched on May 22 of this year and the Hungarian government has been informed about the action.

Moody's Assigns A1 Ratings to MBH Mortgage Bank Covered Bond... Ratings

Moody's Assigns A1 Ratings to MBH Mortgage Bank Covered Bond...

EU's New Biometric Entry System Postponed Until November EU

EU's New Biometric Entry System Postponed Until November

Avg Blue-collar Hourly Wage Climbs 13.5% in Q2 HR

Avg Blue-collar Hourly Wage Climbs 13.5% in Q2

CATL Debrecen Becomes Sponsor of Campus Festival In Hungary

CATL Debrecen Becomes Sponsor of Campus Festival

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.