Hungary's international business daily

March 05, 2010, 9:42 CET

N Hungary national park goes bankrupt

Aggtelek National Park (ANP) has gone bankrupt with only Ft 20 million in its account, which is only sufficient to pay its staff salaries, Magyar Hírlap reports.

According to the daily the Environment Ministry has transferred this sum as a non-refundable subsidy but say it is insufficient to upkeep park management. The ministry is now trying to help ANP by siphoning off hundreds of millions of forints from other national parks' budgets, it adds.

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