Hungary will have thus tapped 100% of EU monies in the period, he told a press conference in Budapest. Last August the Prime Minister’s Office began to reorganise the institutional network for development policy, including simplifying tenders and easing administration.

Last year the government paid out 14% more than the 1,500 billion forints originally earmarked for projects, which included 350 billion forints paid out for projects under the New Széchenyi Plan in the month of December alone, he said.

Source www.hungarymatters.hu

Follow that link to sign-up for MTI’s twice-daily newsletter.
http://mtva.hu/hu/hungary-matters