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Image header Agence Europe
Europe Daily Bulletin No. 8962
Contents Publication in full By article 23 / 45
GENERAL NEWS / (eu) eu/ecofin

Adoption of report on BEPGs at European Council

Brussels, 06/06/2005 (Agence Europe) - This Tuesday, the finance ministers will adopt a report on the Broad Economic Policy Guidelines 2005-2008 (BEPGs), ahead of the European Council on the 16 and 17 June. The message sent out to the Heads of State and Government will stress two priorities: increasing Europe's capacity to create jobs, and increasing productivity. The report indicates that public finances in line with the Stability and Growth Pact are essential for sustainable growth and employment and point out that "many Member States" must continue to reduce the level of debt and reform their health care and pensions systems. National reform programmes, which the Member States are to adopt this autumn, "must be far reaching" and "contain clear political objectives", the ministers also stress, adding that the Member States must take ownership of the Lisbon strategy, if they are successfully to implement it.

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