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Europe Daily Bulletin No. 8648

19 February 2004
Contents Publication in full By article 14 / 46
GENERAL NEWS / (eu) eu/emu
Commission thinks German deficit could still exceed 3% of GDP in 2005 - Belgium subject to Eurostat's decision on Belgacom pensions

Brussels, 18/02/2004 (Agence Europe) - On Wednesday, the European Commission adopted its recommendations on the updated stability programmes of Germany, Belgium, Portugal and Spain (the last remaining countries to be subjected to this exercise this year). Th Commission believes that Germany may not keep its promises of bringing its public deficit below 3% of GDP in 2005, and that Belgium's positive budget forecasts may be called into question by the accounting decision to be taken by...

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