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Europe Daily Bulletin No. 8310

3 October 2002
Contents Publication in full By article 14 / 35
GENERAL NEWS / (eu) eu/emu
Italy's deficit in 2002 "source of concern" for Solbes

Brussels, 02/10/2002 (Agence Europe) - While welcoming the fact that the Italian authorities should have revised their macroeconomic assumptions to bring them more into line with recent economic developments, Commissioner Pedro Solbes considers that the significant slippage in the fiscal position this year in Italy (it should reach 2.1% of GDP in 2002, then brought up to 1.5% in 2003) is "a source of concern". Mr. Solbes warns that he will draw special attention "to the high public debt...

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