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Europe Daily Bulletin No. 8576

31 October 2003
GENERAL NEWS / (eu) eu/eurogroup
Economy and Finance Ministers narrowly avoid confrontation over French deficit

Brussels, 30/10/2003 (Agence Europe) - The Economy and Finance Minister of the euro zone States will struggle on Monday evening to avoid confrontation on the French deficit dossier, unless the Economic and Financial Committee (EFC) a few hours earlier manages to reach a compromise on the precise recommendations to be addressed to France, for it to get its state deficit under the reference value of 3% of GDP by 2005 at the latest.

During last Friday's EFC, delegations split into three...

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