European Commission is assessing Hungarian response to concerns
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.
ADVERTISEMENT
Number of Road Accidents Involving Injury Edges Higher in Q3
Gov't Keeps Rate on General-purpose Student Loans at 7.99%
Hungarian Companies Participate in EU Cloud Computing Projec...
Budapest Police Seize Nearly 155 kg of Cocaine in Drug Bust
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.
