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Central Europe
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2012
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02
Analyses
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Analyses
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2012-02-29
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Andrzej Sadecki
Hungary faces a partial freezing of the money from the Cohesion Fund
On 22 February, the European Commission recommended the Council of the EU to suspend the payment of 495 million euros from the Cohesion Fund to Hungary from the beginning of 2013. This equates to 0.5% of Hungary’s GDP and 29% of the…