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Navracsics: Hungary among most effective absorbers of EU funding

Hungary is one of the most effective European Union member states when it comes to absorbing EU funding, having concluded tens of thousands of developments in a targeted, effective manner while adhering to regulations, the regional development minister said on Thursday.

Speaking at the inauguration of the recently reconstructed headquarters of the Gyor-Moson-Sopron County Chamber of Trade and Commerce, Tibor Navracsics said similar investments “serve the public good” in Hungary and in the European Union.

Navracsics noted that earlier on Thursday, Hungary applied to European Commission for credit of 3.9 billion euros from the European Recovery and Resilience Facility (RRF).

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