Press Release: Commission concludes effective action was taken by twelve Member States in excessive deficit procedure

The European Commission on 15 June 2010 assessed the action taken by Belgium, the Czech Republic, Germany, Ireland, Spain, France, Italy, the Netherlands, Austria, Portugal, Slovenia and Slovakia in response to the Council recommendations of 2 December 2009 relating to the correction of their respective excessive government deficits. The Commission concluded that the authorities have acted in accordance with the recommendations.

• Primary Source

European Commission: Press Release: IP/10/738: Commission recommends to open excessive deficit procedures for Cyprus, Denmark and Finland http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/738&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: Speech: SPEECH/10/313: Excessive deficit procedure – 'Effective Action Press Conference' http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/10/313&format=HTML&aged=0&language=EN&guiLanguage=en

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