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Tuesday, 13 January 2015

EU countries (eg France, Italy, Greece): higher deficits OK, if....

From EU Observer

"Member states who chip into an upcoming investment fund, implement structural reforms or co-fund EU infrastructure, or youth employment projects will be allowed to run slightly higher deficits, the EU commission said Tuesday (13 January)...This is likely to give France, Italy, and Greece more leeway in meeting deficit and debt targets".

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