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Europe Daily Bulletin No. 8978

28 June 2005
Contents Publication in full By article 13 / 31
GENERAL NEWS / (eu) eu/emu
Italy may have until 2007 for correcting deficit

Brussels, 27/06/2005 (Agence Europe) - Italy's Minister for the Economy and Finance, Domenico Siniscalco, and Economic and Monetary Affairs Commissioner Joaquin Almunia agreed during a telephone conversation on the trajectory for adjustment of the Italian deficit, La Corriere della Sera reported on Monday. According to the daily, it is highly likely that Rome will have until 2007 to bring its budgetary deficit under the 3% mark stipulated in the Stability and Growth Pact (SGP). Early this...

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