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Europe Daily Bulletin No. 8741

6 July 2004
Contents Publication in full By article 16 / 40
GENERAL NEWS / (eu) eu/ecofin
Measures announced by Silvio Berlusconi to reduce Italian deficit satisfy Council which does not set off early warning mechanism

Brussels, 05/07/2004 (Agence Europe) - Pledging to stick closely to the improvement plan announced and in the light of the Portuguese and German precedents, which in 2002 had been a warning to their peers, Italy convinced the economic and finance ministers of the 24 other Member States on Monday not to initiate the early warning mechanism. Following the forced departure of the economy and finance minister, Giulio Tremonti, who was a victim of the tension within the governmental coalition, it...

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THE DAY IN POLITICS
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