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Article: Government to use pension reform-corrected figures in EU convergence reports.
- Article from:
- Hungary Business News
- Article date:
- December 1, 2004
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Government to use pension reform-corrected figures in EU convergence reports
Budapest. December 1. INTERFAX-EUROPE - The government accepted at its Wednesday meeting the updated version of the EU convergence report it sent to Brussels in May, finance minister Tibor Draskovics announced. The minister said that from now on, it will include budget deficit figures in the report that are corrected for the effect of pension reform, thus reducing the deficit figures.
The ministry has now received the written approval of Eurostat, the EU statistical office, to use from December 1 deficit figures that are corrected for pension reform in its communication and in ...