Brussels, 13/03/2012 (Agence Europe) - Before the end of June 2012 (rather than mid-September), Hungary is expected to unveil structural adjustment measures to ensure it has a public deficit of 2.5% at the end of the year, failing which it might have the €500 million earmarked for it from the EU Cohesion Policy for 2013 frozen (see EUROPE 10568). On Tuesday 13 March, EU Euro Commissioner Olli Rehn said that the EU Council of Ministers had agreed on a recommendation requiring Budapest to correct its deficit in a structural, credible manner. The additional measures must be the equivalent of some 0.5% of GDP, he added. If the Hungarian government does what it has promised, then the threat of suspension of Cohesion Funds will be automatically removed, promised the Danish economy minister, Margrethe Vestager. She said it was important for the Danish Presidency to apply to the letter and in a non-discriminatory manner the new stability and growth pact rules. The most important thing as far as the European Commission is concerned is for member states to respect the dates they have set to reduce their deficits to below the 3% cut-off point (this year for Belgium and Hungary, next year for Spain, etc). Several countries, like Austria, the Czech Republic, the United Kingdom and Poland, were not very happy about moving on to the next stage in the infringement proceedings against Hungary. Poland says that the sanctions with which the country is threatened, as a non-euro country, were stricter than the sanctions that can be used against eurozone countries. (MB/transl.fl)