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Deficit

World news about “Deficit” published by euronews.

21/07 22:27 CET

Removal of Egyptian energy subsidies impact on food prices

Removal of Egyptian energy subsidies impact on food prices

Egyptians are complaining that a cut in government energy subsidies has led to a massive rise not only in fuel prices but also other goods and services. The government is hoping the scrapping of the subsidies will save the state the equivalent of five billion euros. "We can't…