Hungary News in brief

Hungarian Government Rushes to Hand in Recovery Plan

| 2021-04-26 < 1 min read

Hungarian Government Rushes to Hand in Recovery Plan

Reading Time: < 1 minute

Hungary will be among the first countries to hand in its Recovery Plan in Brussels, said Gergely Gulyás of the prime minister’s office in a radio interview. According to him, Hungary will spend most of the money on developing the healthcare sector and on emission reduction projects, targeting the non-returnable grants (HUF 2500 billion) and most probably not taking advantage of the credit line (HUF 3300 billion) offered by the Recovery and Resilience Facility (RRF).

Prime minister Orbán met on Friday with European Commission president, Ursula von der Leyen,  to discuss the details of the plans but also to address criticism over the rule of law in Hungary. Opposition parties and Transparency International Hungary have both warned that the Hungarian RRF does not reflect upon the real problems of Hungarian society and the plan in its current form will not help reduce corruption in Hungary. Budapest mayor Gergely Karácsony has also warned that the money might end up again in the hands of business figures close to the government.

Source: Portfolio  Hang

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