szerző:
hvg.hu

Contrary to hopes by the Hungarian government, it seems likely that Hungary can’t get away with more favorable calculations on its mounting central budget deficit.

EU finance ministers have agreed that member states cannot omit any budget expenses from their deficit calculations, regardless of the purpose of the state expenditure. However, when the European Committee (EC) starts proceedings against countries with budget deficits higher than 3% of their GDP, costly reform projects such as pension and healthcare reforms will be judged more favorably than other state projects as they help the structure of state expenditure on the long run.

“It doesn’t mean, however, that any country with a budget deficit higher than 3% can enter the euro zone,” said the spokesman of Joaquin Almunia, the EU commissioner for economic and monetary union.

The Hungarian government submitted its convergence program outlining its plan to join the euro zone last May. In its program Hungary forecast that budget deficit will be reduced gradually to 2.7% of GDP by 2008. The EC questioned the probability of this schedule as early as last summer. Since then Hungary’s budget figures have reinforced the EC’s skepticism. Hungary’s budget deficit in 2004 reached 5.3% of GDP, up from the original forecast of 4.6%. As a result, the government amended its convergence program, but it resulted in a plan with more drastic reductions towards the end, as the deficit figure for 2008 was upped to 2.8% only.

The EC views the program as leaving only small reserves to meet the euro zone conditions, and has urged the Hungarian government to make “further efforts” to cut deficit.

Először szállíthatják haza dzsihadisták német állampolgárságú gyerekeit

Először szállíthatják haza dzsihadisták német állampolgárságú gyerekeit

57 menekültet szállítottak az olasz hatóságok Lampedusára

57 menekültet szállítottak az olasz hatóságok Lampedusára

Félrement: Dániai bálnamészárlással támadta be a brazil elnök a norvégokat

Félrement: Dániai bálnamészárlással támadta be a brazil elnök a norvégokat

Nem aprózta el: ürgére vadászott összesen 47 csapdával egy férfi

Nem aprózta el: ürgére vadászott összesen 47 csapdával egy férfi

Trump alelnökével, Mike Pence-szel indul újra 2020-ban a választáson

Trump alelnökével, Mike Pence-szel indul újra 2020-ban a választáson

Elárulja az okosóra, ha valakinél megkezdődött az elbutulás?

Elárulja az okosóra, ha valakinél megkezdődött az elbutulás?