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Image header Agence Europe
Europe Daily Bulletin No. 9445
Contents Publication in full By article 12 / 40
GENERAL NEWS / (eu) eu/emu

Commission satisfied with measures taken by Hungary to bring its deficit below 3% no later than 2009

Brussels, 13/06/2007 (Agence Europe) - Budapest has taken significant measures and is on the right track to correct its excessive deficit in 2009 if it applies a strict strategy, the Commission noted on Wednesday, having decided not to recommend any further actions at this point in time. Speaking to the press, Joaquín Almunia made a “broadly positive assessment” of the Hungarian case, stressing that, in line with the recommendations of the Council, the country had managed to limit the...

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