European Institute

On July 7, 2011, The Honorable András Kármán, Hungarian State Secretary for Tax and Financial Regulation at the Ministry of National Economy, who personally coordinated the negotiations between EU Member States and the European Parliament during Hungary’s Presidency of the European Council, on a number of key legislative initiatives, including the reform of the Stability and Growth Pact, offered his insight into what was accomplished and the challenges that still lay ahead in the European Union’s push for sustainable financial and economic stability.