June 25th, 2018 AAAA
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Gulyas: EU draft budget for 2021-2027 'unacceptable'

June 14th, 2018

The European Union's draft budget for the 2021-2027 period is "unacceptable" because it transfers resources from poorer states to richer ones, the head of the Prime Minister's Office said on Thursday. Hungary's future lies in European cooperation, Gergely Gulyas told a weekly press briefing. But the government can only accept a budget that does not punish countries with substantial economic growth under their belts. The current draft budget would hurt central European and Baltic states the most while rewarding countries with higher living standards, based on past glories, that have neglected economic discipline in recent years. Brexit means a smaller budget, he noted, adding that Hungary wants a fair budget that makes up for lost resources. "We won't accept funding being diverted to migrants at the expense of member states."


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