Treasury publishes annual update on convergence

The Treasury last week published, and submitted to the European Commission,

the UK's 2001 Convergence Programme, "Maintaining Economic Stability".

This is the fourth annual update to the UK Convergence Programme published

in line with the EU Stability and Growth Pact.

The programme, which provides information on economic and fiscal developments in the UK, is submitted to the ECOFIN Council and the European

Commission in line with Article 7 of Council Regulation (EC) No 1466/97 of

the Stability and

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