Brussels, 26/11/2003 (Agence Europe) - While stressing the need for greater budgetary discipline, the European Commission announced on Wednesday that it will soon present a new initiative with a view to improving economic governance in the EU, after the Ecofin Council's decision to suspend the excessive deficit procedure initiated against France and Germany (yesterday's EUROPE, p.6).
In a press release, President Prodi does not at this stage evoke the opening of procedure before the Court...