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Europe Daily Bulletin No. 9053

21 October 2005
Contents Publication in full By article 17 / 36
GENERAL NEWS / (eu) eu/emu
Hungary still has not corrected its public deficit

Brussels, 20/10/2005 (Agence Europe) - As Commissioner Joaquin Almunia announced a month ago (EUROPE 9029), Hungary has still not taken the measures necessary to reduce its state deficit, which is set to rise to 6.1% of GDP in 2005. On Thursday, the Commission adopted a recommendation calling upon the Ecofin Council to note that "for the second time this year, the Hungarian authorities have failed to take effective action to correct their deficit". The objectives set by hungry for 2005 and...

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