http://www.reuters.com/article/2012/06/22/us-eu-hungary-idUSBRE85L0LI20120622
Luxembourg finally lifted its E495/$625 million in sanctions...after Budapest promised to keep EU spending limits.
The money was blocked in March...because PM Viktor Orban balked over budget deficit targets.
The EU estimates Budapest will hit a 2.7% deficit in 2013...well below the 3.0% target.
Orban has also reluctantly changed his central bank's laws to resemble the EU's preferred version.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL: 08 Feb UPDATE: Fire In Rio's "Samba City" Destroys Many Carnaval Floats.
- SPAIN: 20 Arrested After Baggage Fees Riot On Ryanair.
- SERBIA / SPAIN / USA : Djokovic Wins US Tennis Open, Beating Nadal; Ranked #1.
- ARGENTINA / FRANCE : 13 Sept UPDATE: DNA Results Show Vera And Lasi Killed 2 French Students In Salta.
- COLOMBIA: CAUGHT: 11-year-old Smuggling 74 Cell Phones And Gun Into Medellin Prison.
- AUSTIN / FRANCE / MEDIA : Lance Armstrong Denies Bullying Others; Claims People Will Forgive Him...Like Bill Clinton.
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.