KPMG: Hungary is improving its position in the use of EU funds

By: trademagazin Date: 2013. 05. 15. 11:17

At the end of last year, Hungary was in the middle-field among the ten Central and Eastern European countries, in connection with the usage of the 2007-2013 development funds in case of contract and the payments.

Since then the proccess has been accelerated it is expected that Hungary’s position will impove in both areas – KPMG consulting firm announced on Wednesday on the basis of its latest survey.

According to the research of KPMG, Hungary is at the forefront in case of financial instruments even in a EU comparison. Through credit-products 86.2 billion HUF repayable support arrived to the beneficiaries until the end of 2012. (MTI)