European Commission officials conducted a mission to Hungary from 4 to 10 December 2013 to review recent developments and policy initiatives in the context of post-programme surveillance linked to EU balance of payments assistance between 2008 and 2010.
10 December : The Council updated its position on bank recovery and resolution and deposit guarantee schemes.
It also looked at Poland's excessive deficit corrective actions and adopted opinions on five economic partnership programmes.
The Commission recommends to end the present excessive deficit situation in Croatia by 2016 and defines intermediate budgetary targets to achieve this.
The Eurogroup meeting covered the Banking Union, the programmes for Greece, Ireland and Cyprus , and the IMF's interim article IV mission to the euro area.
Vice-President Olli Rehn's remarks focused on the IMF review, Ireland and Greece.