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Europe Daily Bulletin No. 8304

25 September 2002
Contents Publication in full By article 15 / 58
GENERAL NEWS / (eu) eu/emu
Commission admits that date set to reach a situation close to balance in budgetary matters could be put back to 2006 and adopts a report on situation of Portugal's public finances

Strasbourg, 24/09/2002 (Agence Europe) - On the occasion of the adoption of the report that is the first stage in the excessive deficits procedure (EDP) launched against Portugal, the European Commission held a broader debate on Tuesday from which it emerges that the slowdown in growth could force Europe to allow for a two-year delay at most of the date of 2004 for which it was planned that the situation of close to a budgetary balance should be reached.

In a document presented to their...

Contents

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