While Hungary has not yet received a single euro cent of the EU Recovery and Resilience Facility (RRF) funds and will certainly not receive it until the end of spring, in the countries of the region these benefits are already supporting the economy and helping livelihoods. Writes 24. hu.
It has a population twice that of Hungary and just under twice the economic weight to Romania The European Commission (EC) has already made €6.3 billion in payments from the Resettlement Fund since December 2021. This amount, calculated at the HUF 400 euro exchange rate, amounts to HUF 2,500 billion, which is more than the total non-refundable funds available to Hungary from Recovery instrument until 2026 – this is 5.8 billion euros, approximately 2320 billion HUF.
Of the 6.3 billion euros that the Romanians have borrowed, 2.6 billion are preferential loans, and the rest is only the non-refundable part. In the case of Hungary, the fate of the part of the loan totaling €9.7 billion (3,880 billion HUF) remains unknown. In December, Romania submitted a subsidy request for an additional €3.22 billion (nearly HUF 1,300 billion), which, according to normal practice, could arrive within a few months.
Its population is just over half of the population of our country, but its economic weight is only a fifth less Slovakia Between October 2021 and October 2022, it withdrew 1.21 billion euros (488 billion forints) from the Fire and Rescue Fund, which is more than the total amount of money the Hungarian government expects for 2023 (that’s 325.5 billion forints, according to budget data). Last October, the Slovak government submitted an additional support request of 708.8 million euros (284 billion HUF).
It even overtook the Slovaks Croatiawhich has been disbursed 1.4 billion euros (560 billion forints) since last March and Bulgaria, which requested about the same amount of RRF money in December. It has already reached nearly 1 billion euros Czech RepublicAnd the little ones can spend hundreds of millions of euros baltic states, Beside Slovenia also.
According to the European Court of Justice database, of the 27 EU member states, excluding Hungary, only Poland, as well as high-income Ireland and Sweden, have received recovery fund support or loans. .
We have written in detail what to expect regarding Hungarian subsidies in this article.
