Britain looks set to break Europe’s stability pact rules with 2003 deficit

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Series Details 11.2.04
Publication Date 11/02/2004
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European Finance Ministers meeting at the Ecofin Council on 10 February 2004 warned that the United Kingdom could breach the Stability Pact for the first time with a deficit of more than 3% of gross domestic product (GDP) for 2003.

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Council of the European Union: ECOFIN: Press Release: 5906/04 (Presse 40) http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/79042.pdf

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