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Europe Daily Bulletin No. 8327

26 October 2002
Contents Publication in full By article 13 / 34
GENERAL NEWS / (eu) eu/stability pact/germany

25/10/2002 (Agence Europe) - After a meeting with the German Finance Minister, Hans Eichel, on Thursday in Berlin, European Commissioner Pedro Solbes welcomed the Schröder government's commitment to take "decisive measures" to bring the deficit back below three percent of GDP next year. If it does, then Germany will avoid having to pay a fine, he said. He added "You know penalties are included in the [Stability] Pact". At the same time, Mr Solbes pointed out that the European Commission was...

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