EC approves €95 mln in funding for road upgrade in Hungary
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The European Commission yesterday approved the allocation of €95 million from the European Union Cohesion Fund to upgrade a 27 km section of road near Lake Balaton, Hungarian news agency MTI reported today.
The section of main road number 8 connects the cities of Székesfehérvár and Veszprém, in the northwest of the country.
The road is part of the TEN-T network, which aims to close the gap between member statesʼ transport networks.
“This project, forming part of the TEN-T network, will have a concrete and positive impact on industry, tourism and the quality of life of the people living in the wider east Balaton area. It will contribute to removing traffic bottlenecks, improving road safety and reducing noise and air pollution,” said Corina Cretu, EU commissioner for regional policy.
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