EU Cuts Cash After Illegal Metro Deals In Hungary

  • 25 Nov 2010 12:00 AM
EU Cuts Cash After Illegal Metro Deals In Hungary
"The EU will pull Ft 65 million in subsidies due to 19 irregular contracts being linked to the fourth metro line project, the National Development Agency told MTI on Wednesday.

The 19 irregular contracts were concluded in the first year of the project and before it started. The project is receiving Ft 181 billion in EU subsidies."

Source: Hungary Around the Clock.

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