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Image header Agence Europe
Europe Daily Bulletin No. 9317
Contents Publication in full By article 10 / 35
GENERAL NEWS / (eu) eu/emu

Commission proposes abrogation of excessive deficit procedure against France

Brussels, 29/11/2006 (Agence Europe) - The excessive deficit procedure in which France has been engaged since 2003 should come to a close at the end of January 2007, when the next Ecofin Council meets. On the basis of Article 104§12 of the Treaty, on Wednesday, the Commission, as expected, recommended that the Council end the procedure. Paris, which, along with Berlin, had been at the heart of a legal dispute between the Commission and the Council, which allowed it to avoid receiving a...

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