Szijjarto urges EU to scrap limit on govt support for investments

Foreign Minister Peter Szijjarto on Tuesday called on the European Union to scrap the limit on the amount of funding member states can provide in support for investments by companies, arguing that doing so would be crucial for job creation amid the economic downturn caused by the novel coronavirus pandemic. Speaking to public media in Vienna ahead of a meeting with his Austrian, Czech, Slovak and Slovenian counterparts, Szijjarto said the Hungarian government agreed with Austria's proposal for the EU to allow member states to support investments in their own territories from their state budgets without limits.