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Reuters
Reuters
Business

Hungary hopes to sign agreements on EU funds within days: minister

FILE PHOTO Education, Culture, Youth and Citizenship European Commissioner-designate Tibor Navracsics of Hungary addresses the European Parliament's Committee on Culture and Education, at the EU Parliament in Brussels October 1, 2014. REUTERS/Yves Herman

Hungary hopes to sign funding agreements with the European Union within days to unlock billions of euros worth of recovery money and development funds, its EU negotiator Tibor Navracsics told a news conference on Tuesday.

He added that parliament would pass another tranche of legislation required to access the funds by the end of March, with the money then hopefully being released later that month or in April, allowing Hungary to launch EU funded investments.

(Reporting by Gergely Szakacs and Anita Komuves)

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