council opinion march updat converg programm hungari council european union regard treati establish european commun regard council regul ec juli strengthen surveil budgetari posit surveil coordin econom polici articl thereof regard recommend commiss consult econom financi committe deliv opinion view assess light recommend made council articl march council opinion hungari action medium term framework order bring deficit includ burden pension reform gdp credibl sustain manner addit measur achiev deficit target subsequ adjust percentag point gdp correct excess deficit seiz opportun acceler fiscal adjust ii make time implement tax cut condit achiev deficit target converg programm updat submit decemb iii progress envisag reform public administr health educ system commit view improv long term sustain public financ comparison kei macroeconom budgetari project converg programm cp commiss servic autumn econom forecast commiss servic calcul real gdp chang cp dec cp cca hicp inflat cp dec cp cca cca cca cca cca gener govern balanc gdp cp dec pension reform cp primari balanc gdp cp dec pension reform cp govern gross debt gdp cp dec pension reform cp oj primari balanc calcul convent definit includ pension reform burden gener govern deficit path gdp account uncertainti relat agricultur subsidi payment reduc differ cash base accrual base deficit increas accrual base deficit refund vat acceler hungarian author increas deficit percentag point