Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/07/812 (13.6.07) |
Publication Date | 13/06/2007 |
Content Type | News |
The European Commission considers that Hungary is on track to correct its excessive deficit by 2009 as recommended by the Council in October 2006, provided it continues to pursue a rigorous budgetary consolidation strategy and fully implements its wide-ranging structural reform plans. At present it does not appear necessary to recommend any further steps under the excessive deficit procedure. The Commission will continue to monitor the situation closely. |
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Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/812&format=HTML&aged=0&language=EN&guiLanguage=en |
Countries / Regions | Hungary |