More than 3 thousand billion HUF EU fundings were used

More than three thousand billion HUF EU fundings have been paid to the beneficiaries in the 2007-2013 fiscal period, from the available 8,200 billion HUF EU funds in Hungary – Csepreghy Nándor, Deputy Minister of State at the Ministry of National Development responsible for development programs told at the conference of the Hungarian Economic Development Centre Ltd.

The newly  appointed Deputy Minister of State highlighted in his coference opening speech that 95 percent of the 8200 billion HUF source was already announced to the applicants.

“EU funds are vital for the development of the domestic economy after 9 out of every 10 domestic state and market-based investments are realized with EU-fundings in Hungary. Therefore, all available euro cents must be used in the country. ” – he added. (Világgazdaság Online – T. G.)