Brussels, 10/06/2008 (Agence Europe) - Although Polish public finance is on the right track, the budgetary situation of the United Kingdom has grown worse. On Wednesday 11 June, the Commission will therefore decide to close excessive deficit procedure against Warsaw and open another new one, against London.
As indicated during the presentation of the spring economic forecasts, Poland brought its deficit down from 3.8% in 2006 to 2% in 2007 (EUROPE 9652). According to the Commission, this...