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Europe Daily Bulletin No. 8305

26 September 2002
Contents Publication in full By article 10 / 34
GENERAL NEWS / (eu) eu/stability pact
Germany provides upward revision of budget deficit

Brussels, 25/09/2002 (Agence Europe) - The German government has revised estimates for this year's budget deficit upwards. Instead of the 2.5% estimate previously given, it now stands at 2.9%. On Wednesday a spokesman for the Finance Ministry declared that the government was still striving to achieve a balance in its public finances by 2004. The spokesman for the German Ministry of Finance also pointed out that the commitment to reach a balance in public spending by 2004 was subject to the...

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