Brussels, 01/03/2004 (Agence Europe) - Germany and France have recently submitted their public deficit forecasts to the European Commission. The figures have been reviewed upwards slightly, but are unlikely at this stage to compromise the commitments taken by either country at European level, which involve bringing their deficits below the reference value of 3% of GDP in 2005.
Germany is predicting a public deficit of 3.3% of GDP in 2004, as opposed to 3.25% in the previous estimations. Its...