US Edition6.3 Trillion Forints of Eu Money Arrives in Hungary, the Government Undertakes to Arm Itself
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Based on the allocation of the SAFE credit line, the European Commission is supporting domestic defense procurement and investments with a total of EUR 16.2 billion. The European Security ... ...
This money is 10 percent of the national debt and nearly 17 percent of annual budget revenue.
Hungary may receive the third largest share of the European Union's new, 150 billion euro defense loan program, SAFE, which aims to quickly strengthen the defense capabilities of member states. According to the announcement of the Ministry of National Economy, our country may receive 16.2 billion euros, or more than 6,300 billion forints, in the coming years. The funds can be used for joint procurement and domestic industrial investments, while …
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