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Image header Agence Europe
Europe Daily Bulletin No. 10032
GENERAL NEWS / (eu) eu/ecofin council

Ministers agree with Commission's suggested deadlines for correcting budget deficits but change recommended trajectory

Brussels, 02/12/2009 (Agence Europe) - The ECOFIN Council on Wednesday 2 December 2009 continued working on the implementation of excess deficit proceedings against 14 member states (see EUROPE 10017). The decisions were taken by unanimous votes and call for extremely difficult decisions to be made in several member states, explained Swedish Finance Minister Anders Borg after the meeting, aware of the problems of squaring the circle facing countries as they try to mesh short-term...

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