Budapest mayor discusses EU funding in Brussels

EU

Gergely Karácsony

Image: Facebook

Mayor of Budapest Gergely Karácsony has held talks on European Union funding available for the capital with representatives of the European Commission in Brussels, according to a report by state news wire MTI.

In a post on Facebook on Thursday, Karácsony said he met with EC VP for Values and Transparency Vera Jourova, Commissioner for Budget and Administration Johannes Hahn, and Commissioner for Justice Didier Reynders.

"Hungary is in a serious economic situation because of the war and in no small part because of the government's insane scattering of money during the election campaign," he said.

"That's why there is an especially big need for the many billions of euros available to Hungary from the EU's recovery fund," he added.

Karácsony said the Orbán government cannot access the Recovery and Resilience Facility (RRF) funding "because it is unwilling to do enough to meet anti-corruption conditions laid down by the EU", adding that he tried to "help Hungary reach the kind of agreement in the framework of the rule-of-law procedure against the Orban government that ensures the rule of law is upheld and prevents the theft of EU monies".

ADVERTISEMENT

MET Group Launches Solar Parks in Hungary Green Energy

MET Group Launches Solar Parks in Hungary

Gov't to Launch HUF 700 bln Business Credit Scheme  Government

Gov't to Launch HUF 700 bln Business Credit Scheme 

Duna House Boosts Stake in Italian Peer Residential

Duna House Boosts Stake in Italian Peer

Avatar: The Way of Water Breaks Box Office Record in Hungary Art

Avatar: The Way of Water Breaks Box Office Record in Hungary

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.