Government budget deficits in the European Union last year were larger than expected, fueling concerns among policy makers that state finances can't support more fiscal stimulus spending. The total government budget shortfall in the 27-nation bloc was 2.3% of gross domestic product last year, up from 0.8% in 2007, according to Eurostat, the EU's statistics agency.
Thursday, April 23, 2009
European Budget Deficits Fuel Concerns
From online.wsj.com
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