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Finance Minister Calls for Speeding up EU Bureaucracy in Recovery Fund Payouts

MTI-Hungary Today 2021.01.20.

Finance Minister Mihály Varga urged European Union bureaucrats to expedite payouts from the 750 billion euro recovery fund in a video message posted on Facebook on Tuesday, after a meeting of EU finance ministers.

The finance ministers discussed how to get resources from the fund to member states that need it as quickly as possible, Varga said.

Gov't Slams EU Again for 'Scandalously Slow' Rollout of Covid Vaccines, Turns to China
Gov't Slams EU Again for 'Scandalously Slow' Rollout of Covid Vaccines, Turns to China

Hungary’s Foreign Minister slammed the European Union, blaming it for the continuation of the covid restrictions. Meanwhile, Hungary decided to strike a deal with China’s Sinopharm to buy its coronavirus vaccine. If approved, this would make Hungary the first country in the EU to accept a Chinese vaccine. Hungary’s coronavirus-related restrictions cannot be lifted due […]Continue reading

“Hungary’s position is that the EU bureaucracy must be accelerated,” he said, urging the removal of “all obstacles that slow the economic recovery and hurt the EU’s competitiveness”.

featured image via Mihály Varga’s Facebook page