'Hundreds of Billions' to Hungarian Universities Pledged by Gov’t

  • 30 Aug 2021 9:59 AM
  • Hungary Matters
'Hundreds of Billions' to Hungarian Universities Pledged by Gov’t
Universities will be advanced several hundred billion forints from an earlier promised 1,200 billion forints (EUR m) before the end of this year, while central financing to cover their operations will be increased “by nearly 90%” next year, the Prime Minister’s chief of staff said.

Speaking at a panel discussion at the Tranzit conference in Tihany, Gergely Gulyás insisted that the government would “stand by its pledges” of extra financing for universities, adding that “universities will be better off if the financing does not come from EU sources because that would involve more difficult administration”.

István Hiller, the head of the Socialist Party’s national board, criticised the government’s higher education reform and said that transferring universities to foundations was “feudalistic”, to which Gulyás said that the new model made universities’ operations more effective and flexible.


MTI Photo: Zoltán Balogh

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

  • Updated: EU to Unlock Over Euro 15 Billion for Hungary

    Updated: EU to Unlock Over Euro 15 Billion for Hungary

    • 1 Jun 2026 10:39 AM

    "We have agreed with the President of the European Commission on the release of 16.4 billion euros, approximately 6,000 billion forints, in EU funds," Prime Minister Peter Magyar announced in Brussels on Friday.

  • New Horizon for Science Academy in Hungary Now Opening

    New Horizon for Science Academy in Hungary Now Opening

    • 6 May 2026 2:16 PM

    Following the change of government, the Hungarian Academy of Sciences (MTA) now finds itself in a "completely different situation" than in the past six years, its newly elected president, Mihaly Posfai, said on Tuesday, outlining his vision for the institution's future.