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Europe Daily Bulletin No. 7994

28 June 2001
Contents Publication in full By article 12 / 63
GENERAL NEWS / (eu) eu/emu
Pedro Solbes calls France, Germany, Italy and Portugal to book for their much higher deficits than the goal of the Stability and Growth Pact

Brussels, 27/06/2001 (Agence Europe) - Wednesday, the European Commission adopted a communication accompanying the second report on public finances in EMU in which it singles out four Member States of the euro zone (France, Germany, Italy and Portugal) which still have deficits "much higher" than the objective set by the Stability and Growth Pact (SGP), which is to have a "budgetary position close to a balance or a surplus". These countries are said a reduced margin of manoeuvre faced with...

Contents

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