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Image header Agence Europe
Europe Daily Bulletin No. 10180
GENERAL NEWS / (eu) eu/ecofin council

Excessive deficit procedures against four countries, including Denmark and Finland

Brussels, 13/07/2010 (Agence Europe) - At their meeting in Brussels on Tuesday 13 July, EU economy and finance ministers decided to open excessive deficit procedures against Bulgaria, Denmark, Cyprus and Finland and said that the steps taken by 13 other member states were adequate to bring public finances back under control.

The Ecofin Council decided to open excessive deficit procedures against Bulgaria (deficit of 3.9% of GDP in 2009), Denmark (deficit forecast of 5.4% of GDP in 2010),...

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