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Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital
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Expat Life in Budapest, Hungary - News, Events, Movies, Restaurants, Jobs, Schools, Sport, Clubs in the Hungarian Capital

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Motorway loan to be contracted today

National Motorway Rt will sign the Ft 158 billion loan contract with the Hungarian Development Bank Rt (MFB) to finance the construction of new motorways in 2005. This amount is not enough in itself to finance the construction project, so National Motorway will have to take an additional loan of Ft 125 billion from commercial banks in the coming weeks. (MH 1) A.K.



Source: Hungary A.M.


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19.03.2005

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