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Europe Daily Bulletin No. 8702

8 May 2004
Contents Publication in full By article 12 / 52
GENERAL NEWS / (eu) eu/emu
Greece's State deficit confirmed

Brussels, 07/05/2004 (Agence Europe) - On Friday, the European Commission announced that it would open excessive deficit proceedings against Greece in the next few weeks, after the latest estimation, published the same day by Eurostat. At the presentation of its spring economic forecasts on 7 April, the Commission indicated that it would have to wait for the definitive confirmation of the Greek data before taking a decision. Eurostat estimates that the Greek deficit reached 3.2% of GDP in...

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