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Europe Daily Bulletin No. 8447

23 April 2003
Contents Publication in full By article 23 / 55
GENERAL NEWS / (eu) eu/stability pact/germany

22/04/2003 (Agence Europe) - According to the Bundesbank's monthly report adopted on Tuesday, the German budget deficit will again exceed the 3% GDP reference value for 2003. The bank then criticised the weak measures adopted since 1997 for rectifying the public finance slippage of the country. The German central bank writes that, "From today's point of view it seems likely that the 3 per cent limit will be exceeded". It also explained that the slowdown in growth risked amputating the tax...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT