Council of the European Union 27 June 1996, 96/420/EC: Council Decision of 27 June 1996 abrogating the decision on the existence of an excessive deficit in Denmark

11 . 7. 96 EN Official Journal of the European Communities No L 172/25 COUNCIL DECISION of 27 June 1996 abrogating the decision on the existence of an excessive deficit in Denmark (96/420/EC) Government net borrowing decreased in 1994 and 1995, reaching 1,4 % of GDP in 1995, a level well below the Treaty reference value.