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Hungary to terminate Southern Railway Ring contract with Mészáros firm to avoid risking billions in EU funding

By Csaba Finta

The government will terminate the contract for Budapest’s Southern Railway Ring and order Lőrinc Mészáros’s V-Híd to leave the construction site, citing suspected collusion in the tender process that could put HUF 320 billion (EUR 0.88 billion) in EU funding at risk.

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