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Image header Agence Europe
Europe Daily Bulletin No. 8593
GENERAL NEWS / (eu) eu/emu

Commission announces initiative to improve economic governance

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...

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