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Europe Daily Bulletin No. 10623

31 May 2012
ECONOMY - FINANCE - BUSINESS / (ae) economy
End of excess deficit proceedings for Bulgaria and Germany

Brussels, 30/05/2012 (Agence Europe) - On Wednesday 30 May, the European Commission suggested lifting the excess deficit proceedings against Bulgaria and Germany because the two countries' budget policies are sustainable enough to allow more relaxed surveillance. The Commission president, José Manuel Durão Barroso, said he would be recommending that the excess deficit proceedings against the two countries be lifted. (MB/transl.fl)

Contents

A LOOK BEHIND THE NEWS
ECONOMY - FINANCE - BUSINESS
SECTORIAL POLICIES
EXTERNAL ACTION