Tuesday 23 April 2013

France, Spain remain eurozone deficit sinners

<p><a href="http://teen4masti.com/france-spain-remain-eurozone-deficit-sinners/mouse/"><img alt="mouse" height="225" src="http://teen4masti.com/wp-content/uploads/2013/04/mouse-300x225.jpg" width="300" /></a></p>
<p>The 17-member eurozone has increased efforts to rein in public debt, but many member countries have failed to meet deficit targets. European statisticians said France and Spain posted alarming figures for last year. France and Spain amassed more debt than they were supposed to in 2012, the EU statistics agency, Eurostat, reported Monday. Eurostat reported that France’s deficit last year amounted to 4.8 percent of gross domestic product (GDP) instead of the 4.5 percent envisaged by the EU execu...

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