Finance Minister Mihaly Varga has announced the launch of a 2 billion forint (EUR 5.8 million) scheme to fund developments and expansions at commercial accommodations in Pest County.
Commercial accommodations may apply for 60-300 million forints in the framework of the programme, launched as part of government efforts to ease the economic impact of the coronavirus crisis.
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The programme is state-funded as Pest County’s high level of GDP per capita – over the European Union average – makes the area ineligible for most EU funding.
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