2,100 billion HUF EU fundings have to be to be drawn down

To close the 2007-2013 EU budget cycle Hungary has to drawn down 2,100 billion HUF EU fundings, without any losses – Rákossy Balázs, Minister of State of the Ministry of National Economy (NGM) responsible for the use of European Union fundings told MTI. Rákossy Balázs also confirmed that the ministry will take all necessary measures to ensure that no losses to occur when using EU programs.

The payment of economic development and regional operational programs managed by the ministry are taking place on schedule. In addition to close the previous budget cycle earlier this year, the programs to close the financial cycle and start running programs that support economic growth especially will start in the new EU 2014-2020 period as well – the Minister of State recalled. (MTI)