Hungary reprimanded by Commission over excessive deficit

Hungary, whose deficit situation is set to worsen from 5.4% of GDP in 2004 to at least 6.1% in 2005, may ultimately face having some of its EU cohesion funds suspended if it does not get its house in order.

Hungary, whose deficit situation is set to worsen from 5.4% of GDP in 2004 to at least 6.1% in 2005, may ultimately face having some of its EU cohesion funds suspended if it does not get its house in order.