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Hungarian Government Terminates Contract with Nobel Laureate's Foundation

The Hungarian government has terminated a substantial 261 billion forint contract with the foundation of Nobel laureate Ferenc Krausz. The decision impacts the funding for the Élvonal Foundation.

15 May, 14:20 — 15 May, 14:20
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hungary-todayMixed23h ago

Government Terminates Contract with Nobel Laureate’s Foundation

Hungary’s new government will terminate the HUF 261.7 billion (EUR 726 million) agreement with the foundation of Nobel Prize-winning physicist Ferenc Krausz, Prime Minister Péter Magyar announced via social media on Friday. The prime minister also called on the professor to return the HUF 22 billion (EUR 62.9 million) that has already been disbursed. The […] The post Government Terminates Contract with Nobel Laureate’s Foundation appeared first on Hungary Today.

By Hungary Today

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Coverage Timeline

First report: telex · 15 May, 12:14Full coverage: 3 · 2hWindow: 2h
telex15 May, 12:14First to report

Felbontja a kormány Krausz Ferenc Élvonal Alapítványának 260 milliárdos szerződését

hvg15 May, 12:15

A Tisza-kormány felbontja Krausz Ferenc alapítványával kötött 261 milliárdos szerződést

2h later
hungary-today15 May, 14:20Latest update

Government Terminates Contract with Nobel Laureate’s Foundation

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