Euro pact rules to be reviewed

Author (Corporate)
Series Title
Series Details 24.6.04
Publication Date 24/06/2004
Content Type

The European Commission is planning to alter the rules that govern budget deficits in eurozone member states.

Announcing a review of the Stability and Growth Pact, 24 June 2004, Economic Affairs Commissioner Joaquin Almunia said the Commission had been 'too stringent' in the past.
Source Link Link to Main Source http://news.bbc.co.uk/1/hi/business/3836291.stm
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http://ec.europa.eu/economy_finance/publications/european_economy/public_finances_emu_en.htm http://ec.europa.eu/economy_finance/publications/european_economy/public_finances_emu_en.htm
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