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Image header Agence Europe
Europe Daily Bulletin No. 9283
GENERAL NEWS / (eu) eu/eurogroup

Satisfaction at improvement in public finances - Excessive deficit procedures for Germany and France draw to close

Luxemburg, 10/10/2006 (Agence Europe) - With growth still on the rise and encouraging prospects for the public finances of the major economies of the euro zone, the finance ministers of the 12 euro zone States were able to show their satisfaction at the end of the Eurogroup meeting on Monday evening. Germany and France are on the right track to come below the Stability and Growth Pact (SGP) 3% bar this year and will see the procedures against them end in the course of next. Although there...

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