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The government is to provide Budapest with 120 billion forints

A meeting was held in Budapest on Thursday between Prime Minister Péter Magyar, Mayor Gergely Karácsony, and Transport and Investment Minister Dávid Vitézy. The meeting took place behind closed doors and concerned cooperation between the government and the capital city. Index.hu ↗

After the meeting, Karácsony announced that the government would provide Budapest with support in the amount of 120 billion forints. Details of the agreement and the manner in which the funds would be used have not yet been specified further. HVG ↗

After a longer period, the Capital Development Council also convened again. Its meeting took place at a time when disputes persist between the government and the Budapest municipal administration over the city's financing and the division of revenues between the capital and the city districts. Telex ↗

The topic of the meeting was also meant to include the concerns of the mayors of the central city districts that the capital plans to take over parking revenues. Before the meeting, Dávid Vitézy stated that Budapest is practically bankrupt. This claim is related to the capital's long-standing financial problems.

Péter Magyar described the meeting as the beginning of a new opportunity for Budapest. After the meeting, he stated that the agreement between the government and the city could create room for addressing issues of development, transport, and financing. Further progress will depend on the specification of the agreement and its implementation. Index.hu ↗

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Location: Budapest
Budapest, Közép-Magyarország, Magyarország
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Hungarian Politics 👤 dávid vitézy 👤 gergely karácsony 👤 péter magyar 👤 magyar péter 📍 budapešť
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