Article 1 
From an overall assessment it follows that the excessive deficit situation in Italy has been corrected. Article 2 The Council Decision of 26 September 1994 on the existence of an excessive deficit in Italy is hereby abrogated. Article 3 This Decision is addressed to the Italian Republic. 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.
Article 2 
The Council Decision of 26 September 1994 on the existence of an excessive deficit in Italy is hereby abrogated. Article 3 This Decision is addressed to the Italian Republic. 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.
Article 3 
This Decision is addressed to the Italian Republic. 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.