Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR










Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure

Olli Rehn, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro, gave a press conference on the Excessive Deficit Procedure (EDP). The EC concluded that Hungary had not made sufficient progress towards a timely and sustainable correction of its excessive deficit. The EC proposed to move to the next stage of the EDP and recommended that the Council of Ministers decides that no effective action had been taken to bring the deficit below 3% of GDP in a sustainable manner.
Belgium, Cyprus, Malta and Poland - the other countries that were at risk of not meeting their deadlines of 2011 or 2012 to correct their excessive deficit - had taken effective action. Therefore, the EC considered that no further steps in the excessive deficit procedure were necessary for these four countries, though it would continue to monitor budgetary developments closely.
This was the first time the EC applied the new rules of the strengthened Stability and Growth Pact (SGP), which were part of the so-called "six-pack" on economic governance, which entered into force on 13/12/2011.
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn at the podium
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Olli Rehn
Reference: P-020159
Date: 11/01/2012
27 Results
 1  of  2 

Related photos

Press conference by Olli Rehn, Vice-President of the EC, on the Excessive Deficit Procedure
Press conference by Olli Rehn, Vice-President of the EC, on the Excessive ...
Ref: 020159
Date: 11/01/2012



Related videos

03:19 Extracts from the press conference by Olli Rehn on the Excessive Deficit Procedure
Extracts from the press conference by Olli Rehn on the Excessive Deficit ...
Ref: I-071984
Date: 11/01/2012
28:13 Press conference by Olli Rehn on the Excessive Deficit Procedure
Press conference by Olli Rehn on the Excessive Deficit Procedure
Ref: I-071983
Date: 11/01/2012




You don't find what you are looking for? Ask us!


Wed 18/01
European Commission - Upcoming events The news: On Wednesday 15 February 2017, the European Commission will adopt its monthly infringements package. These decisions seek to enforce EU law across Europe so that citizens and businesses can benefit fully from the internal market.
Fri 20/01
European Commission - Upcoming events The news: On Thursday 26 January, the European Commission will issue its yearly report on Erasmus+, assessing its performances and its progress on reaching the target of 4 million people supported by the programme between 2014 and 2020.
Sat 21/01
European Commission - Statement Statement Statement Brussels, 21 January 2017 I heard this morning about the tragic accident that happened in the North of Italy where many young Hungarians lost their lives.   I extend my deepest sympathy and sincere condolences to the Hungarian authorities.
Fri 13/01
European Commission - Upcoming events The news: The 2017 Annual Meeting of the World Economic Forum in Davos will take place from 17 to 20 January. This year's meeting will put the focus on “Responsive and Responsible Leadership”.
Fri 20/01
European Commission - Commissioners' weekly activities Brussels, 20 January 2017 (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 23 janvier 2017 President Jean-Claude Juncker participates in the conference of Christlich Demokratische Union Deutschlands (CDU) and Christlich-Soziale Union in Bayern (CSU) party leaders at EU, federal and regional...
Fri 20/01
European Commission - Press release Brussels, 20 January 2017 The impressive transformation from coal and steel industry to the greenest city in North Rhine-Westphalia is proof of Essen's successful structural change. On 21 January, the town of Essen in Germany will officially become the European Green Capital for 2017.
Fri 20/01
European Commission - Fact Sheet Brussels, 20 January 2017 Public Consultation on the Capital Markets Union Mid-term review 1. What is the Capital Markets Union (CMU)? The Commission's top priority is to strengthen Europe's economy and stimulate investment to create jobs.
Fri 20/01
European Commission - Daily News Daily News 20 / 01 / 2017 Brussels, 20 January 2017 Investment Plan for Europe: EUR 70 million loan agreement supports sustainable production facilities in Spain The European Investment Bank (EIB) has finalised a loan agreement with SAICA, a family–owned paper and packaging company, to...
Fri 20/01
European Commission - Statement Statement Statement Athens, 20 January 2017 Following my visit to Lesvos, we had a constructive meeting today with the Mayors of Lesvos, Chios, Samos, Leros and Kos. I had the opportunity to inform them and to be informed by them.
Thu 19/01
European Commission - Press release Brussels, 19 January 2017 Today, the Commission is presenting two implementation reports on the EU-US Terrorist Finance Tracking Programme (TFTP) Agreement and EU-US Passenger Name Records (PNR) Agreement.

Go to useful links page Useful links


Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page