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Europe Daily Bulletin No. 8453

1 May 2003
Contents Publication in full By article 17 / 36
GENERAL NEWS / (eu) eu/emu
Commission concerned at increase in Austria's public deficit

Brussels, 30/04/2003 (Agence Europe) - On Wednesday the European Commission adopted its recommendation on Austria's updated stability programme (2003-2007) in which it expresses concern at the increase in Austria's public deficit and public debt. Only the growth forecasts seem plausible to the Commission (up to 2.5% in 2005). It believed the forecast budget changes only partly comply with the Stability and Growth Pact and calls on Austria to return to budget equilibrium as soon as possible....

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THE DAY IN POLITICS
GENERAL NEWS
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