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Europe Daily Bulletin No. 8724

12 June 2004
Contents Publication in full By article 26 / 38
GENERAL NEWS / (eu) eu/ecb/emu
Six countries will have a deficit of more than 3% of GDP in 2005

Brussels, 11/06/2004 (Agence Europe) - In its latest monthly bulletin, published on Thursday, the European Central Bank (ECB) says that the public finance prospects in the euro zone remain "disappointing". According to the ECB, six countries, Germany, Greece, France, Italy, the Netherlands and Portugal, "will probably have a public deficit higher than the reference value of 3% for at least one year more than the forecast period" (2004 or 2005). In addition to this, Luxembourg and Austria...

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