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The EU will strengthen coordination and budget programs of the Member States

Release Date:2012-05-05  Hits:149
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Orban said at a news conference, the position for the protection and strengthening of the euro, Europe's primary interests, to continue to maintain Europe's competitivenessWorld Steel Pipe World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor , the objective need to be more flexible labor market, more high productivity and efficiency.


He said that Hungary was the EU presidency during the first half of this year the EU will start the mechanism of the "European semester" macroeconomic policies, member countries of the budget programs and the reform plan coordination.


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European Commission President Jose Manuel Barroso said recently in Budapest, the EU will focus on comprehensive and sustainable growth, strengthen the coordination of the budget programs of the Member States.


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Barroso said at a news conference after meeting with Hungarian Prime Minister Orban, the realization of sustainable growth requires not only create jobs, more comprehensive solution and strong economic coordination.


Hungary since the 1st of this month as the EU presidency in the first half of this year. The Hungarian Government and the European Commission, meeting in Budapest on the morning of the 7th, to determine the first half of the important tasks and work agenda. "European semester" is scheduled to start in March, a period of six months. EU member states need to develop a "term" budget program and reform program, submitted to the European Commission and the unified consideration and coordination. Countries require a combination of policy recommendations given by the European Commission to complete the program development of the next annual budget. "European semester" mechanism is important to improve the EU economic governance.




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