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Europe Daily Bulletin No. 8326

25 October 2002
Contents Publication in full By article 21 / 38
GENERAL NEWS / (eu) eu/stability pact/germany

24/10/2002 (Agence Europe) - According to Süddeutsche Zeitung, Chancellor Schröder assured his Finance Minister, Hans Eichel, that he would not, this time, seek to block a possible warning (the "blauer Brief") to Germany for excessive deficit. Last February, the Ecofin Council had not endorsed the procedure that the Commission proposed to initiate toward Berlin. Mr Eichel recently admitted that the German deficit is expected to exceed 3% in 2002.

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT