This is how Hungary wants to spend the EU’s recovery funds

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The government on Tuesday submitted Hungary’s plan for utilising the European Union’s Recovery and Resilience Facility (RRF) which covers more than 2,500 billion forints (EUR 7bn) worth of strategic development projects over the next six years, the state secretary in charge of EU developments said.

Szabolcs Ágostházy said on Wednesday that the

development of the health system

was the plan’s most significant element, utilising 34.1 percent of available resources. Other highlighted areas are

environmentally friendly transport development

and a comprehensive development of education systems, including higher education, vocational training and adult education, he said. Some 25 percent and 20.4 percent of the resources are planned to be spent on these two areas, respectively.

Additional development plans include promoting the switchover to the circular economy,

closing the gap between underdeveloped and better developed areas,

as well as environmental protection, he added.

The Hungarian RRF fully meets common EU targets, with climate protection and digitalisation developments included in every area, he said. The government has tailored the areas for development to its own national strategic targets, he added.

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