Congestion charge planned for Hungary capital

The European Commission (EC) is encouraging the Hungarian authorities to implement a congestion charge scheme in capital Budapest by 2015. The move is required so that the Hungarian authorities can repay the EC with loans used to fund the construction a new line for Budapest’s underground metro system. The Hungarian Government earlier failed to pass a proposal to introduce the congestion charge scheme in Budapest but the EC is pushing for this scheme to be implemented by 2015.
December 17, 2012 Read time: 1 min
The 2465 European Commission (EC) is encouraging the Hungarian authorities to implement a congestion charge scheme in capital Budapest by 2015. The move is required so that the Hungarian authorities can repay the EC with loans used to fund the construction a new line for Budapest’s underground metro system. The Hungarian Government earlier failed to pass a proposal to introduce the congestion charge scheme in Budapest but the EC is pushing for this scheme to be implemented by 2015.

For more information on companies in this article

Related Content

  • GNSS road pricing a step closer
    February 23, 2012
    GNSS road pricing a step closer. Today, road transport faces major challenges such as the ever-increasing need for safety, as well as for reduced congestion and pollution.
    Read More
  • Landmark ruling by European Commission says tolling existing highways is illegal
    April 25, 2012
    The European Commission has warned Portugal to change national rules on the introduction of tolling that are contrary to Community law, a decision that has widespread implications for similar schemes throughout the rest of Europe depending on how what is becoming a complex legal tangle is resolved. In November, 2010, the Aveiro municipality filed a formal complaint against the Portuguese Government to the European Commission objecting to a tolling scheme on the old SCUT highway. It argued that the system wa
    Read More
  • World Bank providing loan for key Kenyan roads
    October 9, 2012
    The World Bank is offering the Kenyan Government a loan worth nearly US$300 million to fund road projects. The lion’s share of the money will be used to construct a double decker road link in Kenyan capital Nairobi. The 30 year repayment loan will also feature a grace period of 10 years. The Kenyan Government will contribute a small sum to the project and will also be in charge of the tender process.
    Read More
  • Upgrade set to start of Budapest’s Széchenyi Chain Bridge
    April 4, 2017
    Budapest’s iconic Széchenyi Chain Bridge that was opened in 1849 is set for a €73 million upgrade starting this summer, according to Hungarian media. Work will include revamping of a nearby tunnel in the Hungarian capital with completion set for the end of 2019. The suspension Chain Bridge spans the River Danube between Buda and Pest and was designed by English engineer William Tierney Clark following an initiative by the Count István Széchenyi. It is a larger scale version of Clark's earlier Marlow B
    Read More

Highlighted Content