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Europe Daily Bulletin No. 8472

29 May 2003
Contents Publication in full By article 20 / 41
GENERAL NEWS / (eu) eu/stability pact
On Tuesday Ecofin Council expected to call on France to reduce its structural deficit by 0.5% in 2004 as suggested by Commission

Brussels, 28/05/2003 (Agence Europe) - Despite a last ditch attempt by Spain and the Netherlands to demand more efforts from Paris in 2003 (EUROPE yesterday p 14), the Ecofin Council is expected, on Tuesday, to adopt without any major changes, the European Commission recommendation of 7 May on procedures for excessive deficit against France.

The Ministers of the Economy and Finance from EU Member States are expected to give France an ultimatum: before 3 October, that all "necessary...

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