Hungary applies for EUR 3.9 billion RRF credit
Minister Navracsics said Hungary plans to use the financing for energy infrastructure development as well as projects to boost energy efficiency and the green transition.
Minister Navracsics said Hungary plans to use the financing for energy infrastructure development as well as projects to boost energy efficiency and the green transition.
For the central European grouping of Czechia, Hungary, Poland and Slovakia to be successful, the four countries must deepen their cooperation.
The meeting included discussions which may result in support for Hungary’s access to European Union funds.
Minister Navracsics told the Hungarian press that the government had not given up its plan to fulfil the milestones set by the EC and consequently have access to the EU...
Minister Navracsics said that he had asked the European Commission to send a letter to the Tempus Public Foundation reassuring university students and the authorities of EU member states that participation in the Eurasmus+ program would go ahead.
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 agendas of its institutions.
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 by the end of the year.
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.