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Image header Agence Europe
Europe Daily Bulletin No. 8551
Contents Publication in full By article 10 / 43
GENERAL NEWS / (eu) eu/stability pact

Commission threatens France with excessive deficit proceedings in November

Brussels, 26/09/2003 (Agence Europe) - Commissioner Pedro Solbes warned on Thursday evening that the Commission "would, in October, activate the next stages of the excessive deficit proceedings" undertaken against France, unless the country announces additional budgetary measures before 3 October (the cut-off point set in Council's June recommendation). After this date, the Commission has a month to propose the adoption of stricter, more targeted recommendations against France to the Ecofin...

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