Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-06-08-Speech-3-309"
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"en.20050608.21.3-309"2
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"For Hungary, like all the new Member States, meeting the convergence criteria is a key requirement, as well as being in the country’s own interests. In its efforts to do so, it must take into account the fact that alongside the overall positive economic impact of EU accession, it also puts considerable transitional pressure on the government budget. There are costs involved in meeting its contribution obligations and getting the new institutional network up and running, while outstanding customs and other revenues and implementation of new, more flexible VAT regulations have caused a serious deficit. At the same time, it is not the budget itself that is the beneficiary of the projects funded by the EU that are so important for the national economy, but the local authorities, institutions, or companies concerned; the burden of cofinancing, meanwhile, must be met out of the government budget. We want to be successful members of a successful European Union and so we accept these transitional pressures and ask that they be taken into consideration when it comes to assessing our performance."@en1
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