Pécs Would Be Insolvent Due to Government Withdrawals, and Loans Would Have to Be Taken Out to Pay Wages

telex.hu

Lean Left

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The problem is caused by the so-called solidarity contribution, the deductions from the Competitive Districts Program, and the fact that state compensation for mandatory tasks does not keep up with inflation.

hirtv.hu

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Pécs will take out an operating loan of one and a half billion forints - this was decided at an extraordinary general meeting.

444.hu

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The opposition-led city of Pécs is also struggling with serious economic difficulties: they had to take out a loan to pay salaries. According to Telex, an extraordinary general meeting decided to take out a current account loan and create a liquidity fund. In his presentation, Deputy Mayor Csaba Ruzsa mainly blamed the government for the financial difficulties. He wrote that Pécs has to pay a solidarity contribution of 4.6 billion forints, and t…