The Hungarian Minister of Finance stressed that the budgets of member states should be determined by elected governments on the basis of national interests.
It is necessary to prevent the committee from being granted excessive powers in order to be able to evaluate the state budget not during bilateral negotiations, but within the framework of professional dialogue based on objective indicators, by the member states themselves.
announced Mihaly Varga.
The minister also stated that the Hungarian side agrees with disciplined management, and that the government has prepared the next year’s budget accordingly. The Prime Minister explained that in 2024, Hungary will reduce the budget deficit to 2.9%, and improve the level of public debt to 66.7%, which is 10 percentage points better than the EU average.
Mihály Varga drew attention to the fact that Hungary has recently taken all the necessary steps to liberalize EU funds, but the Commission does not recognize the reforms that have already been launched and implemented in the country-specific recommendations discussed today, read the press release of the Ministry of Finance.
