EU cohesion funds serve as a decentralized investment tool designed by local authorities and regions to support growth in digital transformation, climate transformation, and social cohesion, with Hungary specifically using these funds for public transport, flood protection systems, and clean water infrastructure.
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Tüttő: Unfreezing EU funds will allow Hungary to "grow, get stronger"Added:
We are really suffering. I mean, it's not just Buddha Budapest is suffering a lot, but Budapest has been suffering in in the past 16 years and especially in the past years when cohesion funds stopped arriving because okay, what are we doing from cohesion funds? We are investing in public transport. We renovated metro lines. We built water protection flood protection system, clean water, circular economy elements. So and of course all of our regions and it's not just the Hungarian regions, all of our European regions grow [snorts] and get stronger through cohesion policy. It's a very important mainstreaming tool of the European Union because how it works, it's a decentralized investment tool. It is designed by the local authorities, by regions, implemented by the regions and it helps grow in the common directions of digital transformation, climate transformation, social cohesion. It's a very important investment tool and we suffer a lot by not receiving it.
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