Parliament has approved a budget of 13 billion for EU development projects.
The National Assembly has approved three packages of legislation necessary for the implementation of Hungary’s recovery plan, which will enable the drawdown of a 10 billion euro RRF framework. The measures include the creation of a state-owned rolling stock management company for the purchase of new railway vehicles, as well as the acceleration of energy developments and a number of tax reforms. The transport and energy measures are funded by approximately 3.5–3.8 billion euros in EU funds.
The National Assembly has passed a package of three laws related to the implementation of Hungary’s recovery plan, which are important conditions for accessing the approximately 10 billion euro RRF framework. The decisions could lead to the creation of a new state-owned rolling stock management company for the purchase of new railway vehicles, accelerate energy development projects, and change several tax regulations. Only approximately 3.5–3.8 billion euros in EU funds are directly related to the transport and energy measures.
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