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Commission backs Hungary's deficit cut plans
27 Sep '06
1 min read
The European Commission on Tuesday (26 September) backed Hungary's programme of austerity measures to try and get its economy back on track, but said that it wants "rigorous implementation" of the plans.
"After repeatedly warning about large budgetary slippages, the commission takes note of the commitment by the Hungarian government to bring its public finances back on a sound footing," EU monetary affairs commissioner Joaquin Almunia said.
Click here for more.
"After repeatedly warning about large budgetary slippages, the commission takes note of the commitment by the Hungarian government to bring its public finances back on a sound footing," EU monetary affairs commissioner Joaquin Almunia said.
Click here for more.
EUobserver
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