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Budapest helped EFTTA turn loss into profit in 2017

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EFTTEX in Budapest last year delivered a net income of €612,593 last year.

EFTTA turned a loss of €5,639 in 2016 into a profit of €51,847 last year, delegates at the association’s Annual General Assembly (AGA) heard today.

Lobbying, a key strategy of the organisation, received €115,953 compared to €89,950 in the previous year. The salary of EFTTA’s CEO, Jean-Claude Bel, including travel, reduced from €167,681 to €158,962.

Net income from last year’s EFTTEX in Budapest was €612,593 compared to €529,598 in Amsterdam in 2016.

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