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Image header Agence Europe
Europe Daily Bulletin No. 9547
Contents Publication in full By article 11 / 33
GENERAL NEWS / (eu) eu/economy

Commission notes temporary adjustment in Polish excess deficit

Brussels, 20/11/2007 (Agence Europe) - Poland is expected to reduce its excess deficit to below 3% in 2007, but the adjustment is not expected to last and will therefore not lead to a lifting of the excess budget proceedings, explained the European Commission on Tuesday 20 November 2007. In February 2007 (see EUROPE 9375), the Council recommended that Poland take advantage of its current growth spurt to correct its excess budget by the end of 2007, which was then threatening to reach 3.4% of...

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