Hungary seeks for the full utilization of EU funds

Hungary seeks to reach the one hundred percent utilization of EU funds, even though the economic crisis has slowed the progress of the programs – told the National Development Agency (NFÜ) on Thursday, to MTI.

According to the communication, the total allocation – EU-grants from EU fiscal allocation and the associated domestic co-financing with appropriations – is 8209 billion HUF, calculated on a 280 euro-forint exchange rate.

According to the communication of In order to use one hundred percent of the total European Union funds, the National Development Agency in cooperation with the Ministry of National Development introduced a number of measures. For example, the institutional system of the New Széchenyi Plan was transformed, the administrative deadlines became shorter. (MTI)