EU: Hungary and Slovenia Have to Act Quickly

Politics ♦ Published: May 6, 2013; 12:40 ♦ (Vindobona)

The European Union issued warnings to Slovenia and Hungary to move quickly.

EU: Hungary and Slovenia Have to Act Quickly / Picture: © European Commission

In its latest economic forecast on Friday the European Union issued warnings to Slovenia and Hungary to act quickly if the countries want to revive economic growth as recession and perceived fiscal laxity are taking their toll in Central Europe, the Wall Street Journal reported. Slovenia might be the next candidate for a Eurozone bailout after Cyprus and needs a quick recapitalization…