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Europe Daily Bulletin No. 10623

31 May 2012
ECONOMY - FINANCE - BUSINESS / (ae) hungary
Idea of allowing Hungary access to Cohesion Funding again

Brussels, 30/05/2012 (Agence Europe) - On Wednesday 30 May, the European Commission suggested suspending the proceedings to freeze the payment of EU Cohesion Funding to Hungary in 2013, believing the Hungarian government has taken suitable measures to reduce the country's excess deficit. Unveiling the Commission's recommendations on each member state's budget and macroeconomic policies, Euro Commissioner Olli Rehn said that effective action had been taken in Hungary to correct the excess...

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE - BUSINESS
SECTORIAL POLICIES
EXTERNAL ACTION