Hungary received 24 billion euros from EU
Fazekas said that the European Union allocated €32.8 billion in total funding, including agricultural- and rural development subsidies, to Hungary during the seven-year budgetary cycle.
Fazekas noted that Hungary was able to utilize more than 90% of the European Union funding available to the country during the EU's 2007-2013 budgetary cycle, and 99.8% of public investments were financed from EU funds.
Preliminary calculations show that Hungary's net beneficiary position will be maintained in the new 2014-2020 budgetary cycle as well, again to the tune of around €24 billion, Fazekas said. ■