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

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
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




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


Fri 20/10
European Commission - Upcoming events The news: Most people living in European cities are exposed to poor air quality. Road transport, agriculture, power plants, industry and households are the biggest emitters of air pollutants in Europe.
Fri 20/10
European Commission - Upcoming events The news: Commission First Vice-President Frans Timmermans will host European Parliament Vice-President Mairead McGuiness and the leaders of different religious communities in Europe at the annual high-level meeting.
Fri 20/10
European Commission - Upcoming events The news: On 20 October 2017, European Commission President Jean-Claude Juncker, together with the President of the European Parliament Antonio Tajani and the President of the European Council Donald Tusk, will travel to Spain to receive, on behalf of the European Union, the Premio Princesa de Asturias de la...
Fri 20/10
European Commission - Commissioners' weekly activities Brussels, 20 October 2017 CALENDRIER du 23 octobre au 29 octobre 2017 (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 23 octobre 2017 Employment, Social Policy, Health and Consumer Affairs Council (EPSCO), in Luxembourg 23-26/10 European Parliament plenary session, in...
Fri 20/10
European Commission - Daily News Daily News 20 / 10 / 2017 Brussels, 20 October 2017 European Council - Day 1: focus on migration, security, defence and external relations At the European Council of 19-20 October, EU leaders discussed a number of important issues. Migration was high on the agenda.
Fri 20/10
European Commission - Statement Brussels, 20 October 2017 The European Commission can confirm that as of 16 October 2017 its officials carried out an unannounced inspection at the premises of a car manufacturer in Germany.
Thu 19/10
European Commission - Daily News Daily News 19 / 10 / 2017 Brussels, 19 October 2017 President Juncker participates in the European Council (18-19 October 2017) Today and tomorrow, EU Heads of State or Government are meeting in Brussels for the European Council which marks an important step on the...
Thu 19/10
European Commission - EUROSTAT Brussels, 19 October 2017 For more than 60 years, the statistical authorities of the European Union's Member States have been working together with Eurostat, the statistical office of the European Union, in the European Statistical System, to produce reliable and comparable data.  Full text available on...
Fri 13/10
European Commission - Upcoming events The news: In October 2017, the European Commission will present a set of measures to better defend European citizens against terrorist threats and build a Europe that protects. Together with the 11th Progress Report towards an effective and genuine Security Union, the package will include...
Wed 18/10
European Commission - Press release Brussels, 18 October 2017 The European Commission has approved, under the EU Merger Regulation, the acquisition of Bard by BD. Both companies supply medical devices. The decision is conditional on the divestment of BD's core needle biopsy devices business, and tissue marker product that is...

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