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Europe Daily Bulletin No. 8254

13 July 2002
Contents Publication in full By article 12 / 45
GENERAL NEWS / (eu) eu/eurogroup
Reassuring declaration adopted on respect of Stability Pact to mask divergences over public deficits - New proceedings against Portugal seem inevitable

Brussels, 12/07/2002 (Agence Europe) - The informal meeting of the finance and economy ministers of the eurozone, held on Thursday and chaired by the Greek minister Nicos Christodoulakis, focussed on assessing the budget situation of countries with too high a public deficit (Italy, Portugal, France and Germany) in the words of Commissioner Pedro Solbes, who implied that he would have no choice but to launch excess deficit proceedings against Portugal when he received the official 2001...

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