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EU funds

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EU money | B.Stefanov/Shutterstock.com

EU suspends over EUR two bn funds for Hungary

D&T
Apr 16, 2015

The European Commission has suspended the payment of funding in three priorities of Hungarian development programmes totalling about EUR 2.3 billion. Hungarian officials say a correction of up to 10% can be expected, adding that this amount will not necessarily be lost.

The construction of the M4 motorway in Hungary | János Bugány / MTI

Motorway construction suspended in Hungary

D&T
Apr 1, 2015

Hungarian government ministers have ordered an immediate halt to construction of the section of the M4 motorway between Abony and Fegyvernek in Eastern Hungary as they claim the European Commission had raised concerns over suspected cartel activity.

| fitforhealth.eu

Hungarian SMEs among new EU fund recipients

D&T
Jul 29, 2014

The European Commission announced the first results of its new EUR 3 billion SME Instrument program, launched under Horizon 2020 to help innovative small firms get ideas from the lab to the market. The first winners include three Hungarian firms.

EU money |

EU puts on hold paying new bills to Hungary

D&T
Apr 28, 2014

The European Commission is not suspending the payment of development funds for Hungary, but for now, Brussels will only pay the bills submitted by 15 April until every question about the country’s new tendering system is clarified.

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