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Europe Daily Bulletin No. 10568

7 March 2012
INSTITUTIONAL / (ae) hungary
Excessive deficit - Budapest has six months to come into line

Brussels, 06/03/2012 (Agence Europe) - On Tuesday 6 March, the European Commission adopted a proposal for a recommendation calling on Hungary to take additional budgetary measures by mid-September 2012 in order to come into line with public deficit objectives for 2012 (2.5% of GDP) and 2013 (well below 3% after end of measures accountable just once). Failing this, Budapest will be exposed to a freeze on part of the structural funds to which it is entitled. The Commission's recommendation...

Contents

A LOOK BEHIND THE NEWS
INSTITUTIONAL
ECONOMY - FINANCE
SECTORAL POLICY
SOCIAL AFFAIRS - EDUCATION
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU