login
login

Europe Daily Bulletin No. 12047

23 June 2018
ECONOMY - FINANCE - BUSINESS / Economy
Council confirms France's exit from excessive deficit procedure
Luxembourg, 22/06/2018 (Agence Europe)

As announced(see EUROPE 12045), the Ecofin Council on Friday 22 June drew a line under the excessive deficit procedure in place against France since 2009.

This decision follows the recommendation by the European Commission to the finance ministers of the EU at the end of May (see EUROPE 12025), as the French government deficit represented 2.6% of nominal GDP in 2017 and is expected to stand at 2.3% of GDP this year.

This departure from the corrective arm of the Stability and Growth Pact does...

Contents

ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
SECTORAL POLICIES
INSTITUTIONAL
SOCIAL AFFAIRS
NEWS BRIEFS
CORRIGENDA
The B-word: Agence Europe’s newsletter on Brexit
CALENDAR