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Hungary needs EU funds for energy investments, PM Orban says

Reuters ECONOMY
Published September 26,2022
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Hungarian Prime Minister Viktor Orban looks on during a news conference after the parliamentary election in Budapest, Hungary April 6, 2022. (REUTERS File Photo)

Hungary's government has revised its long-term energy strategy and plans a raft of huge energy sector investments for which the European Union has pledged to give funding, Prime Minister Viktor Orban told parliament on Monday.

"If the Brussels bureaucrats do not give us this money, which Hungary is eligible for, then we will get the necessary funds from other financial sources," Orban said. "We have launched these talks with the European Union and other international partners."