Romania vows to clear up EU doubts on deficit figure

romania

«Eurostat expressed a reservation on the quality of the data reported by Romania, due to uncertainties on the impact of some public corporations on the government deficit,» the INS said, citing an official EU notification.

04/18/2011 — Filed under: Finance
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Greece to Meet Deficit Goal, No Need for Loan Extension

Greece

Greece will meet its target to cut its budget deficit to 7,6 percent next year and will not need to extend the repayment of a multibillion EU/IMF loan, its finance minister told a Greek newspaper published on Saturday.

10/18/2010 — Filed under: Finance
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Greece makes promise to keep tightening its belt

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Greece pledged yesterday to cut next year’s budget deficit faster than agreed to in a 110-billion euro bailout deal with the International Monetary Fund and the European Union, vowing another year of tough austerity to exit a debt crisis.

10/5/2010 — Filed under: Finance
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Italy PM says cuts necessary, promises no ’social butchery’

Silvio Berlusconi

ROME: Italian Prime Minister Silvio Berlusconi on Saturday said austerity measures his government planned to pass would reduce the state deficit but without resulting in «social butchery.»

05/10/2010 — Filed under: Society
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