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DK Accuses Gov’t of Spending on ‘Show Investments’ while Indebting Hungary

MTI-Hungary Today 2020.11.25.

The opposition Democratic Coalition (DK) party has accused the government of spending billions of forints on “investments for show” while pushing the country into debt.

The government has recently taken out a 2.5 billion euro loan, half for a ten-year term and the other half for a thirty-year term, deputy leader László Varju told an online press conference on Wednesday.

Meanwhile, the recent issue of the official gazette Magyar Közlöny details the spending of 20 billion forints (EUR 55.4m) on the upgrade of the Budapest Citadel and another 730 million forints on the modernisation of the Debrecen Airport, he said.

Budapest's Gellért Hill Citadella to be Revamped
Budapest's Gellért Hill Citadella to be Revamped

Budapest’s Citadella, built as a military fortress on Gellért Hill, the highest point of the city centre, will undergo a three-year reconstruction, the project’s commissioner told a press conference on Monday. The plans for one-time fortress built by Habsburg Austria following the 1848-49 Revolution include creating a park in the place of a WW2 bunker […]Continue reading

“The government is spending public funds as if everything was in perfect order,” Varju said.

He called on the government to use public funds for “real” crisis management and job protection, and to support Hungarian businesses, families and the elderly.

Featured photo by Lajos Soós/MTI