98/308/EC: Council Decision of 1 May 1998 abrogating the Decision on the existence of an excessive deficit for Germany

• Articles: 3

Article 1

From an overall assessment it follows that the excessive deficit situation in Germany has been corrected.

Article 2

The Council Decision of 27 June 1996 on the existence of an excessive deficit in Germany is hereby abrogated.

Article 3

This Decision is addressed to the Federal Republic of Germany.

Done at Brussels, 1 May 1998.

For the Council

The President

G. BROWN

(1) OJ L 332, 31. 12. 1993, p. 7.

(2) OJ L 172, 11. 7. 1996, p. 26.

(3) Council recommendations of 16 September 1996 and 15 September 1997.