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Europe Daily Bulletin No. 11073

7 May 2014
ECONOMY - FINANCE - BUSINESS / (ae) austria
Eurogroup voices concern at Austria's budget plans

Brussels, 06/05/2014 (Agence Europe) - On Monday 5 May, the Eurogroup expressed concern about Austria's plan to move away from its budget adjustment trajectory.

In a press release, the Eurogroup says that it shares the European Commission's concerns that Austria's planned budget for 2014 would so significantly deviate from the adjustment trajectory that it would run the risk of breaking stability and growth pact rules.

Eurozone finance ministers welcome the pledge made by the new Austrian...

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