Bloomberg News

Hungary Government to Take Over County Institutions, Orban Says

October 03, 2011

Oct. 3 (Bloomberg) -- Hungary’s government will take over county-level institutions as of 2012, freeing them of 180 billion forint of debt, Prime Minister Viktor Orban said.

Counties from next year will focus on development aid, Orban told a press conference in Budapest today. The government signed an agreement to this effect today with the heads of all 19 counties, Orban said.

To contact the editor responsible for this story: Zoltan Simon at zsimon@bloomberg.net


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