Author (Person) | Parker, George, Simonian, Haig |
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Series Title | Financial Times |
Series Details | 19.3.05 |
Publication Date | 19/03/2005 |
Content Type | News |
Proposed changes to the European Union's Stability Pact, due to be discussed by EU Finance Ministers in Brussels on 21 March 2005, could give a country five years to bring its deficit below the EU's limit of 3% of GDP if it was in economic difficulties. If this were applied to Germany, Chancellor Gerhard Schröder would have until 2007 to reduce the country's budget deficit. |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe, Germany |