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Europe Daily Bulletin No. 8390

31 January 2003
GENERAL NEWS / (eu) eu/stability pact
Commission recommendations on stability programmes of Spain, Belgium and Ireland and convergence programmes of the United Kingdom and Denmark - increase in British deficit

Brussels, 30/01/2003 (Agence Europe) - On Thursday, the European Commission adopted recommendations on the updated stability programmes of Spain, Belgium, and Ireland, as well as on the convergence programmes of the United Kingdom and Denmark. During a press conference, Commissioner Pedro Solbes condemned the forecast increase in the British public deficit and was worried by the high level of inflation and risks to long term viability in the Spanish public finances. He also stressed that for...

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