Warning for six countries on budget limit

The European Commission plans to warn Britain and five other countries that their budget deficits this year are likely to exceed limits set by the European Union’s rules on fiscal discipline, a top official said in Brussels.

Warning for six countries on budget limit

The European Commission plans to warn Britain and five other countries that their budget deficits this year are likely to exceed limits set by the European Union’s rules on fiscal discipline, a top official said in Brussels.

“We will act tomorrow and it will be six countries,” EU Economics and Monetary Affairs Commissioner Pedro Solbes said ahead of testimony at European Parliament committee.

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