The building of the European Parliament in Brussels – Photo: wikipedia

Fidesz MEP: ‘Slow fund distribution’ to compromise Europe’s competitiveness

The European Union is jeopardising its competitiveness through a "slow distribution of recovery funds", Eniko Gyori, MEP of Hungary's ruling Fidesz, said on Tuesday.

Speaking in a debate of the European Parliament’s budget committee, Gyori raised concern that the European Commission had only distributed 20 percent of the funds “during one third of the time available” for the process.

Citing soaring energy prices, inflation, as well as the negative impacts of a US law “luring green projects [from Europe to the US]”, Gyori said “Europe cannot afford to be so slow”.

Gyori also slammed the EU for its “applying double standards against Hungary” and suggested that Hungary and Poland “could be expected to meet more criteria than other members before funds are made available”.

 

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