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Image header Agence Europe
Europe Daily Bulletin No. 8952
Contents Publication in full By article 18 / 44
GENERAL NEWS / (eu) eu/emu

Official public finance figures for Italy reveal 3.1% deficit in 2004 and 2004

Brussels, 23/05/2005 (Agence Europe) - The European Commission had forecast budget deficits for Italy of 3.6% in 2005 and 4.6% in 2006 before the publication by Eurostat of revised figures for 2003 and 2004, adjusting the deficit to 3.6% for both years. The European Statistical Office has been in consultation with Italy and refused to validate the figures released by Italy in March 2005 of a deficit of 2.9% in 2003 and 3% in 2004. Italy's debt has been determined at 106.5% in 2003 and 106.6%...

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