Publication: Magyar Közlöny
Issue: MK-2009-86 (Year: 2009, Number: 86)
Era: 2004-2010
Section: 2007. évi CVI. törvény módosításáról*
Paragraph Index: 13

4. The Commission services carried out a review mission in cooperation with the IMF staff from 7 to 18 May 2009 to assess progress made with respect to the specific conditions attached to the third instalment, which will amount to EUR 1.5 billion. The Hungarian authorities sent to the Commission a Compliance Statement dated 25 May, which reports on progress achieved with respect to the criteria mentioned above. Based on the findings of the mission and the compliance note of the authorities and after having consulted with the Economic and Financial Committee, the economic policy criteria for the third instalment as laid down in the Memorandum of Understanding and the Supplemental Memorandum of Understanding are considered to be fulfilled. In particular, progress in the fiscal sphere and structural reforms was satisfactory, and in the area of financial sector regulation and supervision conditions are also broadly fulfilled but some elements still need to be finalised.

Source: https://magyarkozlony.hu/hivatalos-lapok/5d32fd5ce33f88d741755e44e13040d2e9fa114b/dokumentumok/8cb6ae986331daa0ef5ea535a064d84aed7bccf9/letoltes