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Europe Daily Bulletin No. 8471

28 May 2003
Contents Publication in full By article 28 / 34
GENERAL NEWS / (eu) eu/emu
Silvio Berlusconi wants defence and investment spending to be excluded from budgetary deficit calculations

Luxembourg, 27/05/2003 (Agence Europe) - During a press conference given on Saturday following a lunch with the Luxembourg Prime Minister Jean-Claude Juncker, his Italian counterpart Silvio Berlusconi stated that spending for defence and investment should be excluded from the calculation of budgetary spending aimed at assessing their conformity with the Stability Pact. Overall, the future President of the European Council felt that spending in the fields of infrastructure would be a good way...

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