ADVERTISEMENT

Navracsics: Foundation Uni Boards to be Addressed in March

EU

Tibor Navracsics

Image by Alexandros Michailidis / Shutterstock.com

Amendments to legislation addressing concerns aired by the European Commission over the boards of trustees of foundation universities in Hungary are expected to be approved by lawmakers in March, Minister of Regional Development Tibor Navracsics said after meeting with commissioners in Brussels.

According to business daily Világgazdaság, Navracsics said the talks with Commissioner for Innovation, Research, Culture, Education and Youth Mariya Gabriel and Commissioner for Budget and Administration Johannes Hahn were held to "seek compromise."

The sides agreed that the European Union's Erasmus+ scholarship scheme and Horizon Europe research programs are "not under threat" for some 180,000 students at foundation universities in Hungary, he added.

Navracsics noted that the EC has indicated that seats held for indefinite periods by politicians on the boards of trustees of foundation universities is a problem.

He added that changing the situation is "no obstacle" for the government and will require two "not too complicated" amendments. At the same time, he said the EC must make clear that cooperation will continue without interruption.

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

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

Tax Exemption for Tips Faces Technical, Legal Obstacles Government

Tax Exemption for Tips Faces Technical, Legal Obstacles

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.