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Europe Daily Bulletin No. 8664

12 March 2004
Contents Publication in full By article 10 / 47
GENERAL NEWS / (eu) eu/emu
European Central Bank feels France and Germany may not be safe from renewed budgetary deficits

Brussels, 11/03/2004 (Agence Europe) - In its last monthly bulletin, which was published on Thursday, the European Central Bank (ECB) launched a scathing attack on the budgetary policies of France Germany and Portugal. As for monetary policy, the ECB confirmed what its President, Jean-Claude Trichet said at last week's meeting of the board of governors: the direction of the monetary policy remains "appropriate, and constitutes an element of support to economic growth in the euro zone" (see...

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THE DAY IN POLITICS
GENERAL NEWS