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EC approves Hungary partnership agreement on cohesion funding
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The European Commission on Thursday granted its approval to the partnership agreement with Hungary concerning cohesion funding to the country in the 2021-2027 budgeting period.
The funds, due to Hungary under the agreement, will be used to improve Hungary’s administrative capacity, promote transparency and prevention of graft, as well as environmental purposes and investments aimed at digitalisation, the commission said.
The agreement includes a detailed roadmap for Hungary to take measures in terms of administrative capacity and to handle issues around such areas as transparency of public procurement, effectiveness of anti-corruption measures, prevention of fraud and conflicts of interest, as well as improving the capacities of the recipients of cohesion funds, the commission said. It added that “this roadmap has close links with the Recovery and Resilience Plan and Rule of Law Conditionality process”.
The funds, totalling nearly EUR 22 billion, will help Hungary contribute to such common priorities as a balanced rural development, a fair environmental and digital transition, while they will support building an innovative and inclusive welfare market, the commission said.
In summary: we’re on notice and being closely monitored. The European Commission will not hesitate to take measures it deems appropriate if Hungary is found to be delinquent.
Our Politicians are generally very good at playing games, let’s hope for all of our sakes they keep it to a minimum with their commitments to the EC.