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Europe Live Thursday 23rd May 2013

The Hungarian Parliament approves the 2013 budget

16th July 2012

On 12th July 2012 the Hungarian Parliament adopted the main guidelines of the 2013 budget. It is planned for the deficit to lie at 2.2% of the GDP whilst growth is estimated at 1.6%. This project was adopted 252 votes in support, 49 against. Since the vote took place just before parliament's summer break the finance law will be discussed in September and voted on in October.

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