European Commission 6 March 2012, Recommendation for a COUNCIL RECOMMENDATION with a view to bringing an end to the situation of an excessive government deficit in Hungary

52012PC0104 Recommendation for a COUNCIL RECOMMENDATION with a view to bringing an end to the situation of an excessive government deficit in Hungary /* COM/2012/0104 final */ EXPLANATORY MEMORANDUM On 5 July 2004, the Council decided in accordance with Article 104(6) of the Treaty establishing the European Community (TEC) that an excessive deficit exists in Hungary.