login
login

Europe Daily Bulletin No. 8342

18 November 2002
Contents Publication in full By article 11 / 39
GENERAL NEWS / (eu) eu/emu
Commission to take proceedings against Germany and France for overshooting their public deficits

Brussels, 18/11/2002 (Agence Europe) - As Commissioner Pedro Solbes announced last week, the Commission will be officially launching proceedings on Tuesday against Germany for its "excessive deficit", estimated at 3.8% in 2002 and 3.1% in 2003. The first stage will involve the endorsing of a Commission report on the country's budget. At the same time, the Commission will launch the early warning procedure to warn France that its deficit could come close to the 3% limit (the Commission is...

Contents

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