983 result(s) for eu funding
EU Suspends Payment Of USD 2.6 Billion Of Development Funds To Hungary
- 16 Apr 2015 11:50 AM
- business
The European Union is suspending EU transfers to Hungary which are connected to the economic development operative programs. The projects at the source of the program have already been completed and their contractors have been paid. The suspension of funds affects roughly HUF 700 billion (USD 2.6 billion) in EU development funds. Hungary’s government estimates it will have to pay back around 10 ...
Hungarian Opposition Demands Release Of EC’s Funding Report
- 16 Apr 2015 9:00 AM
- current affairs
Opposition parties LMP, Együtt and the Hungarian Liberal Party (MLP) demanded that the government should release the EC’s related report to the public without delay. Erzsébet Schmuck, a lawmaker for LMP, said the party had repeatedly stated concern of suspected corruption surrounding the public procurement system and the selection process of projects.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Brussels Clears Euro 152m In Funding For Two Road Projects
- 19 Mar 2015 3:00 AM
- getting around
The European Commission has approved 152 million euros in funding for two big road projects in Hungary. The funding will cover 85% of the cost of the projects which are both in southeast Hungary.
Hungary, Austria Eyeing EUR 162m Railway Upgrade
- 18 Mar 2015 8:00 AM
- getting around
Hungary and Austria are looking into possibilities of developing the railway network between their countries by tapping funding from “the Juncker package”, an official of the foreign ministry said. If the 162 million euro development plan cannot be financed from President of the European Commission Jean-Claude Juncker’s 315 billion euro investment plan, alternative funding sources must be found, ...
Environmentalists Protest State Land Management Changes
- 18 Mar 2015 8:00 AM
- property
Ahead of a parliamentary debate of a bill on transferring the asset management rights of state-owned land, including national parks, to the National Land Management Fund (NFA), environmentalists and the opposition green LMP party slammed the proposal on constitutional and professional grounds.
Opposition Criticises Launch Of Public TV News Channel In Hungary
- 17 Mar 2015 8:00 AM
- entertainment
Opposition parties on Monday criticised the renewed programme structure of Hungary’s public media. The changes launched on March 15 by the Media Service Support and Asset Management Fund (MTVA) include a 24-hour rolling news channel on the frequency formerly occupied by the main channel.
EU Suspends Payment Of USD 2.6 Billion Of Development Funds To Hungary
- 16 Apr 2015 11:50 AM
- business
The European Union is suspending EU transfers to Hungary which are connected to the economic development operative programs. The projects at the source of the program have already been completed and their contractors have been paid. The suspension of funds affects roughly HUF 700 billion (USD 2.6 billion) in EU development funds. Hungary’s government estimates it will have to pay back around 10 ...
Hungarian Opposition Demands Release Of EC’s Funding Report
- 16 Apr 2015 9:00 AM
- current affairs
Opposition parties LMP, Együtt and the Hungarian Liberal Party (MLP) demanded that the government should release the EC’s related report to the public without delay. Erzsébet Schmuck, a lawmaker for LMP, said the party had repeatedly stated concern of suspected corruption surrounding the public procurement system and the selection process of projects.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
New Documents Reveal How Hungary’s Malév Went Bankrupt
- 3 Apr 2015 9:00 AM
- travel
A new Hungarian airline company under the name of Veritas should have been operational ten months before the Malév bankruptcy. However, this did not happen as state investors intentionally delayed the star while Malév was consuming an enormous amount of state funds recently published inside documents reveal about the 2012 Malév-case.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Brussels Clears Euro 152m In Funding For Two Road Projects
- 19 Mar 2015 3:00 AM
- getting around
The European Commission has approved 152 million euros in funding for two big road projects in Hungary. The funding will cover 85% of the cost of the projects which are both in southeast Hungary.
Hungary, Austria Eyeing EUR 162m Railway Upgrade
- 18 Mar 2015 8:00 AM
- getting around
Hungary and Austria are looking into possibilities of developing the railway network between their countries by tapping funding from “the Juncker package”, an official of the foreign ministry said. If the 162 million euro development plan cannot be financed from President of the European Commission Jean-Claude Juncker’s 315 billion euro investment plan, alternative funding sources must be found, ...
Environmentalists Protest State Land Management Changes
- 18 Mar 2015 8:00 AM
- property
Ahead of a parliamentary debate of a bill on transferring the asset management rights of state-owned land, including national parks, to the National Land Management Fund (NFA), environmentalists and the opposition green LMP party slammed the proposal on constitutional and professional grounds.
Opposition Criticises Launch Of Public TV News Channel In Hungary
- 17 Mar 2015 8:00 AM
- entertainment
Opposition parties on Monday criticised the renewed programme structure of Hungary’s public media. The changes launched on March 15 by the Media Service Support and Asset Management Fund (MTVA) include a 24-hour rolling news channel on the frequency formerly occupied by the main channel.