Select a language
The European Commission may drop the excessive deficit procedure against Hungary, "on condition that it stays on course for budgetary consolidation."
On May 3, Brussels acknowledged that Hungary’s deficit was well below 3 per cent of GDP in 2012, but that it is expected to rise slightly above this threshold in 2013 and 2014.
The government led by Viktor Orbán announced that it would adopt measures which are "compatible the country’s current social and economic policies," that is to say: it will refuse to implement "measures demanded by the Union of other countries: no tax increases on individuals or SMEs, and no reduction in welfare spending."
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
Go to the event >