EC sees need to analyse imbalances-related risks further in Hungary
Hungary is one of 16 European Union member states where the European Commission (EC) sees the need to analyze in detail the macro-economic imbalances and their related risks, the EC said on Friday.
"Further analysis (in-depth reviews) are warranted to examine in detail the accumulation and unwinding of imbalances and their related risks in 16 Member States: Belgium, Bulgaria, Germany, Ireland, Spain, France, Croatia, Italy, Hungary, the Netherlands, Portugal, Romania Slovenia, Finland, Sweden and the United Kingdom".
The findings are in an Alert Mechanism Report (AMR), which is part of the regular surveillance under the Macroeconomic Imbalances Procedure, and aims to identify and address imbalances that may hinder the performance of national economies, the euro area, or the EU as a whole.
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