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Europe Daily Bulletin No. 8994

20 July 2005
Contents Publication in full By article 13 / 41
GENERAL NEWS / (eu) eu/emu
Commission takes stance on Portuguese deficit

Brussels, 19/07/2005 (Agence Europe) - On Wednesday, during the last meeting of the College of Commissioners before the summer break, the Commission will take a stance on Portugal's excessive deficit situation. On 23 June, it had established a report on the basis of Article 104§3 in which it noted that Portugal's deficit, which amounted to 6.2% of GDP this year, cannot be considered as exceptional or temporary (EUROPE 8975). On Wednesday, the Commission is expected to adopt an opinion...

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