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Europe Daily Bulletin No. 8717

3 June 2004
Contents Publication in full By article 19 / 37
GENERAL NEWS / (eu) eu/ecofin council
Netherlands to take additional measures to remedy excessive deficit situation

Luxembourg, 02/06/2004 (Agence Europe) - The Economy and Finance Ministers of the European Union (EU) Member States adopted without difficulty, on Wednesday in Luxembourg, a decision noting the existence of excessive public deficit in the Netherlands (3.2% of GDP in 2003). In the recommendations that accompany this decision of the Ecofin Council, the Netherlands is invited to remedy the situation in 2005 at the latest.

The Netherlands have until 2 October 2004 (i.e. four months in...

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