(Bloomberg) -- The European Union will urge
Hungary's government to carry out a ``rigorous implementation''
of measures to cut the budget deficit, warning the plan is still
subject to ``risks and uncertainties,'' a draft report says.
The plan to reduce the EU's widest budget by two-thirds by
2009 ``crucially hinges'' on ``the effective enforcement of the
expenditure cuts, including through reinforced budgetary
rules,'' according to the draft of the European Commission
report obtained by Bloomberg.
Read more at Bloomberg Emerging Markets News
Hungary's government to carry out a ``rigorous implementation''
of measures to cut the budget deficit, warning the plan is still
subject to ``risks and uncertainties,'' a draft report says.
The plan to reduce the EU's widest budget by two-thirds by
2009 ``crucially hinges'' on ``the effective enforcement of the
expenditure cuts, including through reinforced budgetary
rules,'' according to the draft of the European Commission
report obtained by Bloomberg.
Read more at Bloomberg Emerging Markets News
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