Brussels, 19/05/2004 (Agence Europe) - As anticipated, the European Commission decided on Tuesday to pursue proceedings to sort out the slippage in Dutch public deficit, which exceeded the reference value of 3% of GDP in 2003. The Commission also published a report on the budgetary situation in Greece, which is the first stage in the excessive deficit proceedings.
Netherlands: In line with article 104, paragraph 5 of the Treaty, the Commission recommends that the Ecofin Council note the...