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UPDATE: European Commission recommends EDP for Croatia

Autor: itom
BRUSSELS, Nov 15 (Hina) - The European Commission intends to recommend to the Council of the European Union the opening of an Excessive Deficit Procedure for Croatia considering that the deficit in Croatia is significantly above the maximum debt allowed of three per cent and public debt next year is expected to exceed 60% of Gross Domestic Product (GDP), the EC said in a press release on Friday.

(Hina) its

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