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Europe Daily Bulletin No. 9465

11 July 2007
Contents Publication in full By article 11 / 41
GENERAL NEWS / (eu) eu/eurogroup
Italy may not be able to balance books by 2010

Brussels, 10/07/2007 (Agence Europe) - Portuguese Finance Minister Teixeira dos Santos said on Tuesday that right from the start, the Italian finance minister had said that Italy might find it difficult to meet its mid-term target in 2010, but the Portuguese minister said he was sure that Italy would do all it could to manage it. Italy is still undergoing proceedings for excess deficit and like France, may need more time to bring its public finances back to equilibrium. At the Eurogroup...

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