Brussels, 12/09/2007 (Agence Europe) - As expected (see EUROPE 9496), the European Commission expressed its views on Wednesday 12 September on the British and Czech excess deficits, suggesting to the Council that it repeal the proceedings launched against the United Kingdom in 2005, and that it confirm that the Czech Republic has until the end of 2008 to correct its excess budget deficit.
The United Kingdom has managed to bring its deficit back below the upper limit of 3% of GDP in a...