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Europe Daily Bulletin No. 8734

25 June 2004
Contents Publication in full By article 14 / 33
GENERAL NEWS / (eu) eu/emu
In annual report on public finance in Member States, Commission points out worsening public debt - Commissioner Almunia's ideas for rejuvenating stability pact - national parliaments should be allowed to deal with debate on BEPG

Brussels, 24/06/2004 (Agence Europe) - On Thursday the Commission adopted a communication on public finance in the Economic and Monetary Union in 2004 (EMU). Joaquin Almunia, Commissioner for economic and monetary affairs indicated that the budgetary situation was not brilliant but better than without having had a monitoring mechanism for the Stability and Growth Pact (SGP). This communication appeared at the same time as the fifth Annual Report on Public Finances 2004, elaborated by the...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS