EU to Discuss Hungary Aid Talks, Bank Law Jan. 11, Bruxinfo Says

The European Commission will discuss on Jan. 11 a controversial Hungarian central bank law and the possible resumption of talks with the Budapest government on financial aid, news website Bruxinfo reported, without saying how it obtained the information.

The commission, the European Union’s executive arm, will also debate judicial legislation recently passed by the Hungarian legislature and the next phase of the deficit (HUGBCBAL) procedure against the country, Bruxinfo said.

Specific measures may be taken next week on the central bank law and the judicial legislation, both of which have already been criticized by the commission, and on the deficit procedure, the website said.

To contact the reporter on this story: Edith Balazs in Budapest at ebalazs1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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