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Europe Daily Bulletin No. 8695

29 April 2004
GENERAL NEWS / (eu) eu/emu/stability pact
Commission launches new procedures to remedy public deficit slippage in Italy, the Netherlands and United Kingdom - Decision on Portugal is repealed

Brussels, 28/04/2004 (Agence Europe) - As foreseen, the European Commission officially decided, on Wednesday, to trigger off the early warning mechanism to avoid public deficit in Italy and to launch excessive deficit procedures against the United Kingdom and the United Kingdom. The Commission awaits new budgetary figures from the Greek government before taking a decision, after the verification mission carried out on site by the Eurostat services. The Commission recommends that the...

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