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Tag: European Investment Bank

Budapest Municipal Assembly Adopts ‘Survival Programme’, Karácsony Blames Government for Financial Woes

The ‘survival programme’ was approved with 18 votes in favour and 12 abstentions. As a result, the city will take out a 16.6 billion forint loan for project development in

Tag: European Investment Bank

Budapest Municipal Assembly Adopts ‘Survival Programme’, Karácsony Blames Government for Financial Woes
CURRENT

Budapest Municipal Assembly Adopts ‘Survival Programme’, Karácsony Blames Government for Financial Woes

The ‘survival programme’ was approved with 18 votes in favour and 12 abstentions. As a result, the city will take out a 16.6 billion forint loan for project development in 2023. The loan is going to match the support provided in EU funding, central budget allocations and loans granted by the European Investment Bank.

Ádám Bráder
26.04.2023

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