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Europe Daily Bulletin No. 8953

25 May 2005
Contents Publication in full By article 15 / 37
GENERAL NEWS / (eu) eu/emu
Portuguese deficit of 6.83% in 2005 - Talks on past figures continue - Mr Almunia to report back on Portuguese case after examining country's updated stability programme

Brussels, 24/05/2005 (Agence Europe) - The revised figures for Portugal's budgetary deficit points to a negative result which is far higher than all estimations and likely to reach 6.83% of GDP in 2005, compared to the 4.9% of European Commission forecasts. The special committee tasked with shedding light on the Portuguese public deficit announced the results of its assessment on Monday. Its president, the governor of the Portuguese central bank, Vitor Constancio, told the press that the...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS