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Europe Daily Bulletin No. 8745

10 July 2004
Contents Publication in full By article 28 / 44
GENERAL NEWS / (eu) eu/emu
Italian Council of Ministers adopts series of adjustment measures to prevent Italian deficit worsening in 2004

Brussels, 09/07/2004 (Agence Europe) - The Italian Council of Ministers adopted on Friday measures for improving the public finance situation, measures which Prime Minister Silvio Berlusconi had presented to the Ecofin Council on Monday (see EUROPE of 6 July). The package of EUR 7.5 billion is reached by reducing spending of certain ministries up to 5.5 billion and by carrying spending of 2 billion over. The economy measures correspond to 0.62% of GDP, which should allow the Italian deficit...

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