Brussels, 09/11/2011 (Agence Europe) - The European Commission gave the go-ahead on Wednesday 9 November to a proposal by Hungary to grant public funding of around €60 million yearly for the renovation and upgrading of existing sports infrastructure in the country. The Commission agrees that the funding scheme furthers a common interest, while ensuring sufficient safeguards are in place to minimise potential distortions of competition between professional clubs. (OL/transl.rt)