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Europe Daily Bulletin No. 8403

19 February 2003
GENERAL NEWS / (eu) eu/ecofin
Council suggests United Kingdom should tend toward budgetary position balanced in medium term - Commission declaration

Brussels, 18/02/2003 (Agence Europe) - The Economy and Finance Ministers, who met on Tuesday in Brussels, adopted by qualified majority an opinion on the updated convergence programme of the United Kingdom in which they recommend that the British authorities should tend towards a budgetary position balanced in the medium term, in conformity with the requirements of the Stability and Growth Pact. The Ecofin Council also unanimously adopted opinions on the stability programmes of Spain,...

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