If France and Germany for example had not pursued expansionary policies during 2001 and 2002 but would rather have consolidated their budgets they would not have reached such high deficits and driven the Council to disregard the Commission's recommendations and to set in abeyance the excessive deficit procedure.
If France and Germany for example had not pursued expansionary policies during 2001 and 2002 but would rather have consolidated their budgets they would not have reached such high deficits and driven the Council to disregard the Commission's recommendations and to set in abeyance the excessive deficit procedure.