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Europe Daily Bulletin No. 8989

13 July 2005
Contents Publication in full By article 11 / 32
GENERAL NEWS / (eu) eu/ecofin
Council endorses Portugal's updated stability programme to bring deficit below 3% in 2008

Brussels, 12/07/2005 (Agence Europe) - On Tuesday, the EU finance ministers approved Portugal's stability programme for the period 2005-2009, noting that it does not, however, provide any forecasts concerning the long-term viability of public finance. According to the version forwarded by Lisbon and endorsed by the Commission (EUROPE 8975), the country's deficit will reach 6.2% in 2005 to return to 4.8% of GDP in 2006, 3.9% in 2007, 2.8% in 2008 and 1.6% in 2009. Efforts made will be...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS