Varga promises info on state of convergence plan update for Tuesday
The government will release information on the state of Hungary's convergence plan on Tuesday, economy minister Mihály Varga told a journalist during his visit to the state debt management agency ÁKK. Varga said he saw a good chance for lifting the excessive deficit procedure (EDF) against Hungary, citing his impressions at an informal Ecofin meeting in Dublin at the weekend. Hungary, which has been under EDF since it joined the European Union in 2004, has to submit an update of its convergence plan to Brussels by the end of April.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.