Tag: cohesion

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EIB to lend Hungary 400 million euros on four projects

October 4, 2018, 3:05 pm
The European Investment Bank (EIB) is committing 400 million euros to cohesion policy projects in Hungary, and has signed two new deals under the Junker Plan on Thursday. Summary Two projects receive... 

Payment of EU funds to Hungary could be delayed - Commission source

September 20, 2018, 12:14 pm
A dispute between Hungary and the European Commission about some EU-funded projects may not be settled this year which could delay payments from the EU, a Commission source told Reuters on Wednesday. ... 

Unprecedented EU decision prevents Hungary from losing more funds

July 25, 2018, 5:13 am
It is important to recognise that the European Commission has taken an unprecedented measure to limit financial losses for member states and without these Hungary would also lose much more than 24% beyond... 

EU grants major funding for railway development around Lake Balaton

July 20, 2018, 3:46 pm
The European Commission has decided on supporting a fifth major transport development project of Hungary on Friday. The EU executive announced that 193 million euros from the Cohesion Fund will be invested... 

Hungary does not receive much of an incentive to adopt euro

June 1, 2018, 9:16 am
Details provided by the European Commission about the next EU budget 2021-2027 show that the Convergence Facility, an incentive for member states to make “demonstrable steps towards joining the euro"... 

EU to cut cohesion funds for Hungary by almost a quarter

May 31, 2018, 11:21 am
EU cohesion funds for Hungary are to be cut by 24% in constant 2018 prices in the long term EU budget 2021-2027, according to the European Commission’s proposal, in line with previously linked information.... 

MEPs do not support proposed reduction of post-2020 EU budget

May 31, 2018, 9:15 am
The European Parliament has called on the European Commission to maintain the financing of the common agricultural policy (CAP) and cohesion policy for the EU-27 at least at the level of the 2014-2020... 

Cohesion policy beyond 2020: simpler to use, closer to your needs

May 30, 2018, 3:40 pm
By Corina Crețu, Commissioner for Regional Policy It is worth 374 billion euros, it is Europe's main source of investment and its aim is to reduce economic, social and territorial disparities Europe:... 

EU funding for Hungary to be cut significantly, draft document shows

May 29, 2018, 9:10 am
Central and Eastern European countries should expect their EU funding to drop 23% to 24% in the next programming period, the Financial Times reported, citing draft documents prepared for Tuesday’s... 

ANALYST VIEW - What if CEE economies receive smaller funds from EU?

May 3, 2018, 9:13 am
Potential negative market reactions to reduced EU funds for Central and Eastern European economies in the 2021-2027 period could be more sentimental than sensible reflection on the issue, a London-based... 

Commission looks to link EU funds to rule of law compliance

May 2, 2018, 1:30 pm
The European Commission will on Wednesday propose to cut off EU funds to member countries that do not respect the rule of law — without needing the approval of governments most likely to be targeted... 

Key numbers of 2021-2027 EU budget leaked

May 2, 2018, 12:18 pm
Politico has obtained an official summary of the European Union’s 2021-2017 Multiannual Financial Framework, which shows that cohesion funds will be lowered by about 10% (at constant prices), while... 

EU plans leaked: Hungary seen losing huge funds

April 23, 2018, 2:41 pm
The European Commission plans to shift tens of billions of euros in EU funding away from central and eastern Europe, diverting money from countries such as Poland, Hungary and the Czech Republic to those... 

Drastic German plan against Hungary,Poland leaked

February 21, 2018, 4:45 pm
Signalling frustration with the Hungarian and Polish governments, Germany would like if countries accepting larger number of refugees were rewarded with more EU regional aid, the Financial Times reported... 

Hungary is ready to make larger contribution to EU budget - Lázár

January 9, 2018, 12:22 pm
For a stronger Europe you need a larger EU budget. Hungary also accepts that and is ready to make a larger contribution to the common budget, said János Lázár, minister leading the Prime Minister’s... 

EU Regional Policy Commissioner opposes Germany's punitive proposal

June 2, 2017, 12:33 pm
We are at a stage where everyone is putting their proposals on the table, but I am against a German proposal that would make the distribution of European Union funds to adherence to rule of law standards... 

It also depends on Hungary if it will still have EU funds after 2020

April 3, 2017, 11:47 am
It depends also on Hungary whether EU funds will still be available after 2020, and in order to ensure they are the country needs to make sure the best projects creating real economic impact are selected... 

Want to know how Hungary would have fared without EU funds?

October 11, 2016, 3:55 pm
The investment supported to Hungary is estimated to have increased GDP in 2015 by just over 5% above the level it would have been in the absence of the European Union funding provided, a European Commission... 

Commission may freeze all EU funds for Hungary

October 5, 2016, 12:11 pm
The European Commission uncovered serious deficiencies in Hungary’s institutional system distributing EU funds. A report about these problems is about to be released and depending on its content... 

Hungary should check EU fund use vs. pre-set goals - Commissioner

April 21, 2016, 8:54 am
I'm satisfied with the political agreement I have reached with minister János Lázár on the asphalt case during my visit to Hungary, said Corina Cretu, European Commissioner for Regional Policy, in an exclusive... 
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