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European Commission is assessing Hungarian response to concerns

EU

Hungary’s prime minister and authorities have replied to European Commission concerns over proposed new Hungarian legislation and the Commission is assessing the response, the EU’s executive said on Friday, Reuters reported. "Given the importance of the matters at stake, these replies require an in-depth assessment, which is under way and which will be concluded as soon as possible. The Commission will decide on its next steps in the light of this analysis," spokesman Dennis Abbott said in comments emailed to Reuters.

In a letter sent at the last weekend European Commission President Jose Manuel Barroso asked Hungarian Prime Minister Viktor Orban to withdraw proposed legislation, including a planned central bank law that the Commission and the European Central Bank worry would compromise the independence of the Hungarian central bank.

 The Hungarian Prime Minister and authorities had now replied to the different concerns expressed by the European Commission through Barroso, EU Justice Commissioner Viviane Reding and EU Economics and Monetary Affairs Commissioner Olli Rehn, the Commission said.

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