The government will prefinance about 22 billion forints worth of EU funding already this year to support Hungarian companies that are facing difficulties because of Brexit, the foreign ministry quoted Péter Szijjártó as saying after a meeting of the task force responsible for the restart of the economy.
The Hungarian foreign minister said that
between 2022 and 2025 approximately 22 billion forints would be available for Hungarian companies facing difficulties because of Brexit, based on the decision of the European Commission.
According to the minister, the European Union would only provide this amount over a period of 4 years until 2025, and that is why this latest decision had to be made.
We have decided to advance the EU funding from our own national resources, so we will provide an opportunity for companies that are now facing difficulties and challenges due to Brexit to bid
Péter Szijjártó announced.
the tenders will open next week, and they will allow companies facing challenges due to Brexit to receive funding for investment projects in the total amount of 22 billion forints by the end of this year.