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Image header Agence Europe
Europe Daily Bulletin No. 10573
ECONOMY - FINANCE / (ae) hungary

New deficit correction measures required by July

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...

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE
EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICY
SOCIAL AFFAIRS - CULTURE
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU