Skip to main content

Hungary road construction funding halt from EC

A dispute between the European Commission (EC) and Hungary has halted the flow of funds for road construction projects. The move has seen the EC officially suspending its payments for road construction projects in Hungary. This move means that funding worth €1.15 billion is not being provided. As a result, Hungary is now considering turning to the European Court of Justice to appeal for the funding stream to be revived.
July 21, 2015 Read time: 1 min
A dispute between the 2465 European Commission (EC) and Hungary has halted the flow of funds for road construction projects. The move has seen the EC officially suspending its payments for road construction projects in Hungary. This move means that funding worth €1.15 billion is not being provided. As a result, Hungary is now considering turning to the European Court of Justice to appeal for the funding stream to be revived.

For more information on companies in this article

Related Content

  • Slovakia tunnel sections underway but some delays
    January 23, 2018
    The route for new tunnel links for Slovakia’s D1 highway has been agreed. New tunnels now look set to be built on the 13.5km stretch between Turany and Hubova section of the D1 highway. This plan calls for the construction of the Korbelka and Havran tunnels at an estimated cost of €900 million. Building these two links would bypass the Lower Fatra mountain range, with the Korbelka Tunnel measuring 5.9km and the Havran Tunnel measuring 2.9km long. The Slovak Environment Ministry rejected an appeal against th
  • Hungary’s national road development boom gathers pace
    January 7, 2014
    Hungary is experiencing a road development boom. In line with the country's New Szechenyi Plan (USZT), some €3.67 billion (HUF 1.1 trillion) is to be made available for road development works. National infrastructure development company NIF says it launched road projects worth a total of €1.5 billion (HUF 450 billion) in 2013. Contracts have been signed for the full amount. Hungary's M4 motorway is to be opened in 2016 between Abony and Fegyvernek. The 29km motorway section will also include a bridge over
  • Polish project causes further legal headaches
    February 28, 2012
    The long tale of woe concerning Poland's troubled A2 highway project looks set to continue with the latest developments in the case.
  • Polish projects to get Cohesion Fund cash
    March 6, 2018
    Almost €790 million will be allocated from the Cohesion Fund for three road projects which improve the country's communication with Germany and other Western and Eastern European countries. Around €270 million will be for the Garwolin-to-Kurow S17 dual carriageway, another €125 million to build a stretch of the S6 dual carriageway between Goleniow and Kielp and €390 million for the S2 on the outskirts of Warsaw.