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Europe Daily Bulletin No. 8999

28 July 2005
Contents Publication in full By article 13 / 24
GENERAL NEWS / (eu) eu/economy
No change in financial support mechanism for Member States experiencing balance of payment problems

Brussels, 27/07/2005 (Agence Europe) - The Commission has adopted a communication on reviewing the financial support mechanism for EU Member States that are not part of the euro zone, set in place under Article 119 of the Treaty. The mechanism allows States that have not adopted single currency but that are experiencing difficulties in their balance of payments, or in the balance of capital movements, to benefit from financial support in good time. The support takes the form of an...

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THE DAY IN POLITICS
GENERAL NEWS