ADVERTISEMENT

V4+4 ministers for EU development meet in Budapest

Visits

Gergely Botár/kormany.hu

Ministers responsible for European Union development funding from the Visegrád Group - Hungary, the Czech Republic, Poland and Slovakia - met with their counterparts from Bulgaria, Croatia, Romania and Slovenia in Budapest on Friday, together with European Commissioner for Budget and Human Resources Günther  Oettinger, to discuss plans for the EUʼs budget.   

European Commissioner Günther Oettinger (left) and János Lázár, the minister heading the Hungarian Prime Minister’s Office (photo: Gergely Botár/kormany.hu).

“There is no insurmountable difference between Hungary’s goals and the European Union’s budget plans; Europe still needs a cohesion policy that balances out the developmental differences between member states,” János Lázár, the minister heading the Prime Minister’s Office, was quoted as saying by official government website kormany.hu following the V4+4 summit in Budapest.

“Hungary would like a post-2020 EU budget that enables a level of development thanks to which Hungary itself may become a net contributor in the following budgetary period,” the minister added.

Lázár noted that with Brexit the number of net contributors to the EU budget will drop by one, even as there will be more tasks to which funds must be allocated.

The minister stressed that Hungary and the region “is not looking for aid or other people’s money,” but is offering cooperation and an investment opportunity. “If the West invests in this region it will be reinforcing the competitiveness of the whole continent,” he noted.

The minister said the participants at the meeting agreed that a strong, competitive and secure Europe is needed, but also more funding to respond to new challenges. 

The representatives of the eight countries are open to the idea of raising their contributions to the EU budget to 1.1% of their gross national income (GNI), added Lázár.  

Oettinger confirmed that the participants at Fridayʼs talks already agree on most of the issues affecting the EU budget. He stressed that common EU goals must not be set aside because of Brexit, and in view of new tasks relating to research, innovation, migration, border protection and security, he said the participants’ consent toward the payment of higher contributions was an important result, kormany.hu reported.

Following the press briefing, Oettinger was received in the Parliament building by Prime Minister Viktor Orbán for a working lunch.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.