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Ecofin to review Hungary convergence, stability programs in June

The council of European Union finance and economy ministers will assess Hungary's Convergence and Stability Programs, together with those of other member states, at a meeting on June 20, National Economy Ministry state secretary András Kármán told Parliament's European Affairs Committee on Monday.

The programs outline medium-term fiscal strategies.

Kármán told the committee Hungary would bring its general government deficit under 3% of GDP both this year and in the two years to follow.