BUDAPEST (Reuters) - The European Union has suspended most development programmes in Hungary due to shortcomings with the schemes and the country could end up losing 600 billion forints (1.7 billion pounds) in EU funds this year, the government said.
Janos Lazar, the prime minister's chief of staff, said on Monday that the government was in talks with Brussels on regaining access to funds which financed important projects such as road building and social cohesion programmes.
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