EU to support sustainable energy initiatives in Hungary
Hungary will receive 76.8 million euros for the upgrade and development of sustainable district heating.
Hungary will receive 76.8 million euros for the upgrade and development of sustainable district heating.
EU affairs ministers were in agreement at their Tuesday meeting that June's summit agenda must include discussions about Ukraine’s security situation.
“Twenty years ago today, our family was finally united in a common home. Hungary has always been at the heart of Europe,” Ursula von der Leyen said.
Speaker of the House László Kövér said “most Europeans are worse off than five years ago.”
The EC said Hungary’s economy is set to recover gradually in 2024-2025, supported by decreasing inflation and interest rates over the forecast horizon.
Hungary has two months to reply to the letter of formal notice. Should it not address the issues listed in the letter, the EC may step up the procedure by sending a reasoned opinion.
Gábor Zupkó has extensive diplomatic and management experience gained from senior positions at the Commission and in Hungarian diplomacy over the past 25 years.
Finance Minister Mihály Varga said the projected 2.4% growth for Hungary is well above the EU average of 1.3%.
The funds will kick-start the implementation of key investments and reforms outlined in each chapter of the REPowerEU scheme.
The European Commission said Hungary may start claiming reimbursements of up to around 10.2 billion euros in cohesion funding as it has adopted reforms related to judicial independence.
The working dinner in Berlin was also attended by German Chancellor Olaf Scholz as well as the heads of state and government of Austria, Belgium, Cyprus, Greece and Lithuania.
“We believe that member states’ budgets need to be determined on the basis of national interests, by the governments elected by the people instead of the European Commission making individual deals or applying other preferences,” Minister Varga said.
The European Commission still owes an answer on the whereabouts of the monies yet unpaid in reconstruction and development funding to member states.