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Europe Daily Bulletin No. 8627

21 January 2004
GENERAL NEWS / (eu) eu/eurogroup
Ministers are reticent about Commission's initiative to review Stability Pact provisions

Brussels, 20/01/2004 (Agence Europe) - The Economy and Finance Ministers of the euro zone Member States gave a cool welcome, on Monday evening in Brussels, to the European Commission's initiative to review a number of provisions of the Stability and Growth Pact. It came as no surprise that the Eurogroup took a stance against the Commission's decision to take action at the Court of Justice to challenge the freeze of procedures for excessive deficits against Paris and Berlin, decided by the...

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