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Europe Daily Bulletin No. 8383

22 January 2003
GENERAL NEWS / (eu) eu/ecofin council
Launch of procedures against France ad Germany on public deficits - Mer opposes Council recommendations whereas Solbes places France before its responsibilities

Brussels, 21/01/2003 (Agence Europe) - In Brussels on Tuesday, the economy and finance ministers of EU Member States formally launched an early warning procedure against France and a procedure for "excessive deficit" against Germany due to these two countries sliding off track in their public finances (see above, for the work of the Eurogroup). Whereas Berlin gave way, Paris opposed the Council's recommendations. Mr. Solbes raise the tone, calling on France to respect the obligations...

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