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Europe Daily Bulletin No. 7924

16 March 2001
Contents Publication in full By article 29 / 40
GENERAL NEWS / (eu) eu/economy
Balance of government finances in EU has become a surplus of 0.3% in 2000, partly thanks to sale of UMTS - reduction in public debt

Brussels, 15/03/2001 (Agence Europe) - According to Eurostat, the statistical office of the European Communities, the government balance of the Euro zone (excluding Greece) rose from a deficit of 1.3% of GDP in 1999 to a surplus of 0.3% in 2000, and for the EU 15, from a deficit of 0.6% to a surplus of 1.2%. The government debt ratio compared to GDP continued to fall, from 72% in 1999 to 69% in 2000 in the Euro zone and from 68% to 64.2% in the EU as a whole. Gerassimos Thomas, the...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION