Hungary takes over EU presidency.

By bne IntelliNews January 3, 2011
Hungary took over the rotating six-month Presidency of the Council of the European Union in H1 2011. Hungarys predecessor was Belgium, while Poland will follow in the second half of this year. In an interview for the EU council website, Hungarian PM Viktor Orban set as top priorities economic revival, the common agriculture policy, the stable euro, a stronger cohesion policy, and energy independence. Hungary will be spending HUF 23.78bn for its Presidency duties, the countrys official EU presidency website eu2011.hu said. The sum includes HUF 6.9bn already spent on preparations since 2007. A total of HUF 15.5bn will be utilised during the actual Presidency.

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