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Image header Agence Europe
Europe Daily Bulletin No. 9898
Contents Publication in full By article 16 / 43
GENERAL NEWS / (eu) eu/emu

08/05/2009 (Agence Europe) - On Wednesday 13 May, the European Commission will adopt reports with a view to noting the existence of excessive deficit (Article 104§3 of the Treaty) in four member states: Lithuania, Malta, Poland and Romania. According to its spring economic forecasts (EUROPE 9894), the Lithuanian deficit will reach 5.4% of GDP in 2009 (after 3.2% in 2008), the Maltese deficit will be 3.6% this year (against 4.7% last year), the Romanian deficit will amount to 5.6% (after 5.1% in 2008), and the Polish deficit to 6.6% (after 3.9%). Having been the subject of such a report (EUROPE 9843), the case of Latvia will be analysed at a later date from the angle of Articles 104§5 and 104§7. (A.B./transl.jl)

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