Minister Navracsics noted that the metro development project is being carried out in cooperation between the Hungarian government, the capital and the European Union.
Tibor Navracsics, the minister of regional development, said Europe’s very existence is dependent on its citizens, so EU policymaking must better represent the European people as well as reflect the...
The minister earlier signed similar agreements with 13 other higher education institutions, 17 scientific, church, charitable, interest representation and civil society organisations, and 9 chambers of industry.
The Minister of Regional Development announced that his department had accomplished its aim of having Hungary sign all agreements with the European Commission necessary to have access to EU funds...
The EC said in a statement that Hungary is “committed to remedying the deficiencies” in judicial independence as its recovery and resilience plan includes reforms aimed at strengthening the independence of the judiciary.
As part of a deal with Brussels, an existing business tax would be seen as part of the general tax burden, so in Hungary’s case the corporate tax would not have to increase.
The announcement came after EU ambassadors on Monday sent a proposal to the European Council to approve Hungary's recovery plan and unblock its recovery funding.
After the wrangling back and forth with the EU, an agreement has been reached regarding the funds withheld from Hungary by the European Commission.
Tibor Navracsics pointed out that the commission had praised the Hungarian recovery plan as being “one of the best” and had given it the highest marks with the exception of one category.
The agreements are necessary for the country to access cohesion and recovery funding from the EU.
The government will later this year sign a partnership agreement with the European Union which trigger the release of EU funding for regional development opportunities, said Tibor Navracsics.
Tibor Navracsics said endeavors are needed so that Hungary and the EC can get to the stage of signing partnership agreements on the financing of EU operative programs.