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Europe Daily Bulletin No. 8288

2 September 2002
Contents Publication in full By article 18 / 44
GENERAL NEWS / (eu) eu/economy/germany
Commission does not yet foresee cautioning Germany for its public debt, says Schreyer

Brussels, 02/09/2002 (Agence Europe) - Commissioner Michaele Schreyer said on the German television channel ZDF on Monday that the European Commission had not yet planned to propose that the Ecofin Council should give a warning to Germany regarding its public deficit, which could, however, exceed the GDP 3% mark.

The German Finance Minister said on Sunday that the information whereby the budgetary deficit would clearly exceed the 3% limit was premature. "The figures needed are not yet...

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