2005/135/EC: Council Decision of 11 May 2004 abrogating the decision on the existence of an excessive deficit in Portugal

From an overall assessment it follows that the correction of the excessive deficit situation in Portugal was completed in 2003, under the terms of the Recommendation addressed to Portugal on 5 November 2002 in accordance with Article 104(7) of the Treaty.

Decision 2002/923/EC is hereby abrogated.

This Decision is addressed to the Portuguese Republic.