10/06/2010 (Agence Europe) - The Hungarian authorities have restated their intention to the Commission to implement measures to correct the country's excessive deficit, bringing it down to 3.8% in 2010. This commitment, which comes after the alarmist statements from circles close to the Hungarian prime minister on the deficit level in Hungary (EUROPE 10154) was confirmed on the occasion of a Commission mission to the country (from 7 to 9 June). Commission services were in Budapest to analyse the country's economic situation within the framework of the balance of payments support mechanism. Additional correcting measures will, however, need to be identified to ensure that the deficit is reduced to below 3% of GDP in 2011, the Commission states. It will take stock of the situation during its next visit scheduled for early July. Hungary benefits from Community (and IMF) financial support but has not drawn on the last tranche of the loan which therefore remains available if required (up to one billion euro in addition to the €5.5 billion already received). (A.B./transl.jl)