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Europe Daily Bulletin No. 8422

18 March 2003
Contents Publication in full By article 16 / 38
GENERAL NEWS / (eu) eu/stability pact
Following Eurostat's verification of 2002 data, Commission confirms launch of excess deficit proceedings against France - 3.6% deficit in Germany, 2.7% in Portugal and 2.3% in Italy

Brussels, 17/03/2003 (Agence Europe) - On Monday, Eurostat published its verification of the data on government deficit and debt in 2002 transmitted by Member States, results which confirm that the European Commission will launch excess deficit proceedings against France. The Commission has welcomed Portugal's respect of its pledge to bring its public deficit down to below 3% in 2002 (2.7%).

France's public deficit was revised upwards to 3.1% of GDP in 2002 (compared with the 3.04%...

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A LOOK BEHIND THE NEWS
TEXTS OF THE WEEK
THE DAY IN POLITICS
GENERAL NEWS
WEEKLY SUPPLEMENT