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Europe Daily Bulletin No. 8493

28 June 2003
Contents Publication in full By article 22 / 36
GENERAL NEWS / (eu) eu/stability pact
Mr Duisenberg criticises German budget

Brussels, 27/06/2003 (Agence Europe) - After the European Commission criticism on Wednesday (EUROPE 26 June p 15), it was the turn of the President of the European Central Bank (ECB) to remonstrate with Germany on the subject of its budgetary proposals for next year (possible tax cuts). Mr Duisenberg declared on Thursday, during an interview on a German television channel that, "the German draft budget is a source of worry as the guidelines followed demonstrate that debt will increase when...

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