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By Robert Anderson in Prague Poland, Hungary and Slovakia are set to be put under the European Union’s Excessive Deficit Procedure (EDP), following a European Commission analysis published on June 19. The European Commission also recommended that Belgium, France,Italy, and Malta enter the EDP. Three CEE states – Hungary, Croatia and Slovenia – also breached the secondary threshold of having public debt of more than 60% of GDP. From Central and Eastern Europe (CEE), Czechia and Estonia also breached the Stability and Growth Pact’s threshold of a budget deficit of 3% of gross domestic product (G…

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