A round-up of public finance news stories from around Europe you might have missed this week (April 1–5).
Hungary expects to exit EU deficit procedure on budget cuts
Hungary has a ‘high chance’ to exit the European Union’s excessive-deficit procedure as budget risks are manageable, a government official has said (Bloomberg).
Irish government has ‘nothing to fear' over monthly troika reports on health spending
Minister for health James Reilly has said his department has nothing to fear from possible monthly reporting to the troika (Irish Times).
Poland isn't linking pension system review to budget trouble, says finance minister
Poland's government won't connect the upcoming pension system overhaul with its ‘tough’ budget situation and will increase the planned 35.6bn zlotys ($10.9bn) budget gap if the economic situation requires such a move, finance minister Jan Vincent Rostowski said on Wednesday (Nasdaq).
Slovakia set to miss 2013 budget target as GDP growth slows
Slovakia is set to miss its budget-deficit goal this year as slowing growth is reducing government revenue, Moody’s Investors Service has said (Businessweek).
Portugal faces constitutional court ruling on Coelho budget
Portuguese Prime Minister Pedro Passos Coelho faces a Constitutional Court ruling on the legality of some elements in this year’s budget that may challenge the government’s ability to meet deficit targets (Bloomberg).