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Europe Daily Bulletin No. 9035

27 September 2005
Contents Publication in full By article 18 / 36
GENERAL NEWS / (eu) eu/economy
Public deficit falls in Europe between 2003 and 2004

Brussels, 26/09/2005 (Agence Europe) - On Monday, Eurostat confirmed the public deficit figures for 2004 published in March this year (EUROPE 8912). The average deficit in the euro zone thus went from 3% of GDP in 2003 to 2.7% in 2004 and that of the EU25 from 3% to 2.6%. In total, sixteen Member States recorded an improvement in their budgetary situation and eight a deterioration. The public deficit ratio compared to GDP, on the other hand, increased in the euro zone, from 70.4% in 2003 to...

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