A $1.5 million roundabout from nowhere to nowhere shows the ‘Orbánist economy’ - News Summed Up

A $1.5 million roundabout from nowhere to nowhere shows the ‘Orbánist economy’


Zalaegerszeg, Hungary —The sign proudly announces that the roundabout near Zalaegerszeg in western Hungary was built with 500 million forints (about $1.5 million) of funds from the European Union. The sign next to the roundabout announces that it was built with 503.37 million forints (about $1.5 million) of EU funds. Tibor Navracsis, the regional development minister, told Hungary’s parliament last year that the EU had financed 52,000 projects in the country during the 2014-2020 budget period. The roundabout near Zalaegerszeg is not the only unfinished or unhelpful project in Hungary to have received EU funds. That will cost another 954 million forints (about $3 million), he told CNN – also from an EU fund.


Source: CNN April 11, 2026 11:35 UTC



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