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Official: Hungary's finances solid enough to withstand EU funding blockage

November 26th, 2020

Regarding European Union funding, Gergely Gulyas, the PM's chief of staff, said "under no scenario " would Hungary miss out of receiving EU funds. The resources from the 2021 budget can be used for another two years, he said, adding that Hungary's financial fundamentals were "solid" until 2023, even if it "does not receive a cent" from international financial markets. Regarding the EU budget and recovery package, Gulyas said Hungary and Poland had "received no offer" that would stop them from vetoing the package. "So veto it is," he added.


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