30/06/2003 (Agence Europe) - Commenting on the priorities of the German governments for 2004, the European Commission welcomed Germany's commitment to respect the EMU budgetary rules (EUROPE 28 June, p.13). On Sunday, German Chancellor Gerhard Schröder announced major tax reductions intended to reactivate German growth without compromising the budgetary aims set by the Stability and Growth Pact. Tax cuts should be properly financed and, the Commission noted, taxation measures are not a...