Article 1
Open βFrom an overall assessment it follows that the excessive deficit situation in the United Kingdom has been corrected.
Source
98/315/EC: Council Decision of 1 May 1998 abrogating the Decision on the existence of an excessive deficit for the United Kingdom
98/315/EC: Council Decision of 1 May 1998 abrogating the Decision on the existence of an excessive deficit for the United Kingdom
Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β
Article 2
Open βThe Council Decision of 26 September 1994 on the existence of an excessive deficit in the United Kingdom is hereby abrogated.
Article 3
Open βThis Decision is addressed to the United Kingdom of Great Britain and Northern Ireland. Done at Brussels, 1 May 1998. For the Council The President G. BROWN (1) OJ L 332, 31. 12. 1993, p. 7. (2) Council recommendations of 7 November 1994, 24 July 1995, 16 September 1996 and 15 September 1997.
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Source: EUR-Lex (Publications Office of the EU), Β© European Union, reuse permitted under Commission Decision 2011/833/EU.
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