Application of the ESA 95 methodology in the budget

Abstract

Today's discussion papers continuously debate the new issues related to regionalism, globalisation and economic integration; the term 'national sovereignty' seems to have lost its original meaning. International organisations issue recommendations and proposals to the member states' decision-makers, and the membership often requires the irreversible conversion of the entire legal system. By signing the Treaty of Accession, Hungary undertook to align its economic policy to the requirements of the Economic and Monetary Union and prepare for the requirements arising from the membership. Its commitments have affected the country's accounting and statistical system; preparatory work has started with great swing since Brussels seriously scrutinises the reports on convergence, criticises the implementation of the economic policy and records presenting the economic performance