Hungary and Norway have confirmed a cooperation agreement under which Norway is to contribute almost 93 billion forints to Hungary's development. The agreement was confirmed on Friday in Budapest by Hungarian Minister of Finance Kármán András and his Norwegian counterpart Jens Stoltenberg. Index.hu ↗
The meeting took place on the occasion of the 70th anniversary of the Hungarian revolution of 1956. Kármán received Stoltenberg in Budapest, and they discussed further implementation of cooperation under the Norwegian Fund.
The financial support is intended for several areas of Hungary's development. The agreement concerns the green transition, healthcare, and support for local communities. Details about specific projects or the timeline for disbursing the funds have not yet been disclosed. Telex ↗
After the talks, Kármán stated that both countries had reconfirmed the agreement. As part of the cooperation with Norway, Hungary can thus expect funding for projects focused on modernization, healthcare, and the development of local communities.
Further progress will depend on the implementation of the agreement and the preparation of specific development projects. The total value of the promised support amounts to almost 93 billion Hungarian forints.
Norway confirms support agreement for Hungary worth 93 billion forints
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