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Europe Daily Bulletin No. 8383

22 January 2003
GENERAL NEWS / (eu) eu/eurogroup
Despite reluctance by Mr. Mer, the Twelve pave way for adoption of recommendations to get Paris and Berlin to remedy their erring public finances

Brussels, 21/01/2003 (Agence Europe) - The Economy and Finance ministers of the euro zone agreed Monday evening, at the meeting of the Eurogroup, to confirm the launch of procedures for excessive deficits against Germany and early warning against France and to adopt recommendations to get these countries to remedy their erring public finances. Berlin agreed to the recommendations that will be joined to this procedure without question, and notably an appeal to do all it can not to exceed the...

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