Official: No big changes to handling of EU funds

EU

Hungary's Directorate General for Audit of European Funds has recommended changes to internal regulations as well as efforts to maintain a headcount in a review of the country's revamped system for managing European Union funding, a government official told Hungarian business daily Napi Gazdaság today.

Nándor Csepreghy, deputy state secretary for development policy, told the paper that the recommendations posed no obstacle to the work of the 2,100 people employed to manage the EU funding, from the point of view of both quantity and quality. The recommendations concerning the internal regulations are meant to clarify procedure and sphere of influence, he added, calling the necessary changes "a matter of technical details".

The independent directorate, known by its Hungarian acronym EUTAF, earlier reviewed changes to the way EU funding is managed and controlled in the scope of a thematic audit, according to a methodology agreed upon with the European Commission.

ADVERTISEMENT

Magyar Bankholding Prepares for Final Merger With Good Resul... Banking

Magyar Bankholding Prepares for Final Merger With Good Resul...

Parliament Negates Mandatory Membership in MOK Parliament

Parliament Negates Mandatory Membership in MOK

Construction Specialist Wait Times Have Fallen Construction

Construction Specialist Wait Times Have Fallen

Meet the Expat CEO of the Year Nominees Awards

Meet the Expat CEO of the Year Nominees

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.