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.
The year in Central and Eastern Europe (CEE) has begun with large-scale protests across the…
Polish Prime Minister Donald Tusk has urged European countries to increase defence expenditures in alignment…
Hungary's political landscape is marked by a mix of economic uncertainty increasing opposition momentum and…
Central and Eastern Europe (CEE) is emerging as a hub for innovation and growth with…
Romania’s government has approved a repeat presidential election in May after institutional chaos and controversy…
NATO deployed a multinational flotilla off the Estonian coast at the weekend to defend undersea…