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Europe Daily Bulletin No. 8416

8 March 2003
Contents Publication in full By article 12 / 38
GENERAL NEWS / (eu) eu/ecofin/budget
Michaele Schreyer announces EUR 7 billion surplus for 2002 budget - Council requests Commission to introduce measures for preventing such large surpluses reoccurring

Brussels, 07/03/2003 (Agence Europe) - In a statement to the press made on Friday, Michaele Schreyer declared that, "About € 7 billion have been left over from the budget exercise 2002… A provisional figure of € 1 billion was already entered directly in the 2003 budget". The European Commissioner for the Budget considered that, "Finance Ministers should receive it as good news", who have been experiencing budgetary difficulties. The Ministers to whom Ms Schreyer presented the...

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THE DAY IN POLITICS
GENERAL NEWS
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