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Europe Daily Bulletin No. 8969

16 June 2005
Contents Publication in full By article 15 / 43
GENERAL NEWS / (eu) ep/economy
Koch-Weser points to uncertainty about recovery of European economy but warns against excessive pessimism

Brussels, 15/06/2005 (Agence Europe) - Caio Koch-Weser, president of the Economic and Financial Committee (EFC) affirmed on Tuesday, when addressing the parliamentary economic and financial affairs committee that the “stability and growth pact remained very strict, we can't distance ourselves from reference values”, even after its reform and the corrections that have to be used for the excessive deficits, which have to be prompt.

In his introduction, Koch-Weser referred to the...

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